Bank Of Baku

Azerbaijani oil price exceeds $70

Azerbaijani oil price exceeds $70
# 07 October 2025 09:33 (UTC +04:00)

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

The price of Azerbaijani oil per barrel increased by $0.91 or 1.31%, reaching $70.12.

Note that the previous price of Azerbaijani oil was $69.21 per barrel.

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

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