Bank Of Baku

Azerbaijani oil price drops below $70

Azerbaijani oil price drops below $70
# 23 July 2025 09:43 (UTC +04:00)

The price of Azerbaijani oil Azeri Light (CIF) brand has fallen on world markets, APA-Economics reports.

The price of 1 barrel of Azerbaijani oil decreased by $ 1.84 or 2.6% to $ 69.39.

Note that the previous price of Azerbaijani oil was $71,23.

Recall that in this year's state budget of Azerbaijan, the average price of 1 barrel of Azerbaijani oil of the Azeri Light brand was calculated at $70.

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