Bank Of Baku

Azerbaijani oil price exceeds $62

Azerbaijani oil price exceeds $62
# 22 October 2025 09:32 (UTC +04:00)

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

The price of 1 barrel of Azerbaijani oil has increased by $0.57 or 0.92%, reaching $62.4.

Note that the previous price of Azerbaijani oil was $61.83.

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

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