Bank Of Baku

Azerbaijani oil price drops on world markets

Azerbaijani oil price drops on world markets
# 19 July 2025 11:19 (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 $0,49 or 0,67% to $72,18 

Note that the previous price of Azerbaijani oil was $72,67.

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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