Bank Of Baku

Azerbaijan's Azeri Light oil price drops

Azerbaijan
# 14 August 2025 09:17 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil has decreased by 0.73 US dollars or 1.1%, amounting to 66.72 US dollars.

Note that the previous price of Azerbaijani oil was 67.45 US dollars.

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

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