Bank Of Baku

Azerbaijani oil price nears $75

Azerbaijani oil price nears $75
# 04 July 2025 09:27 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil has risen by 1.07 US dollars or 1.45%, reaching 74.68 US dollars.

Note that the previous price of Azerbaijani oil was 73.61 US dollars.

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

 

 

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