Bank Of Baku

Azerbaijani oil price nears $64

Azerbaijani oil price nears $64
# 08 December 2025 09:32 (UTC +04:00)

Oil prices have slightly increased on global commodity exchanges, APA-Economics reports.

The price of WTI crude oil on New York’s NYMEX exchange has risen by 0.04 US dollars or 0.07%, reaching 60.12 US dollars per barrel.

On London’s ICE exchange, the price of Brent crude oil has increased by 0.03 US dollars or 0.05%, forming at the level of 63.78 US dollars.

The rise in prices is explained by stable demand expectations in the market and uncertainties related to global production. 

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