Bank Of Baku

Azerbaijan's Azeri Light oil fell below $65 in price

Azerbaijan
# 12 December 2025 09:56 (UTC +04:00)

The price of Azerbaijan’s Azeri Light (CIF) crude oil has decreased on global markets,  APA-Economics reports.

The price of one barrel of Azerbaijani oil dropped by 0.87 US dollars, or 1.33%, amounting to 64.36 US dollars.

Note that the previous price of Azerbaijani oil was 65.23 US dollars per barrel.

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

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