Bank Of Baku

Azerbaijani oil price exceeds $63

Azerbaijani oil price exceeds $63
# 23 October 2025 09:36 (UTC +04:00)

The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased on world markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil rose by $1.05, or 1.68%, to $63.45.

Note that the previous price of Azerbaijani oil was $62.40.

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

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