Bank Of Baku

Azerbaijani oil price drops by near USD 2

Azerbaijani oil price drops by near USD 2
# 17 July 2025 09:19 (UTC +04:00)

The price of Azerbaijani oil Azeri Light (CIF) brand has fallen by more than $1 on world markets, APA-Economics reports.

The price of 1 barrel of Azerbaijani oil decreased by $1,7 or 2,3% to $72,36.

It should be noted that the previous price of Azerbaijani oil was $74,06.

It should be noted 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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