Bank Of Baku

Azerbaijan's Azeri Light oil drops in price

Azerbaijan
# 02 December 2025 09:46 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil has decreased by 0.12 US dollars or 0.18%, settling at 66.22 US dollars.

It should be noted that the previous price of Azerbaijani oil was 66.34 US dollars.

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 US dollars.

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