Bank Of Baku

Azerbaijan's Azeri Light oil nears $71 in price

Azerbaijan
# 18 September 2025 09:44 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil rose by USD 0.08 or 0.11%, reaching USD 70.76.

It should be noted that the previous price of Azerbaijani oil was USD 70.68 per barrel.

For reference, in Azerbaijan’s state budget for this year, the average price of one barrel of Azeri Light oil is calculated at USD 70.

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