Bank Of Baku

Azerbaijan's Azeri Light oil price drops

Azerbaijan
# 27 August 2025 09:20 (UTC +04:00)

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

The price of Azerbaijani oil per barrel has dropped by $0.43 or 0.62%, reaching $69.3.

Note that the previous price of Azerbaijani oil was $69.73.

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

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