Bank Of Baku

Azerbaijani oil sees decline in price

Azerbaijani oil sees decline in price
# 22 July 2025 09:33 (UTC +04:00)

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

The price of 1 barrel of Azerbaijani oil decreased by $0.95 or 1.32% to $71.23.

Note that the previous price of Azerbaijani oil was $72,18.

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

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