Bank Of Baku

CBA chairman announces oil and gas price forecasts

CBA chairman announces oil and gas price forecasts
# 23 July 2025 12:01 (UTC +04:00)

The average price of oil per barrel in 2025 is projected at $68.6, while the price of 1,000 cubic meters of gas is forecasted at $399, the Governor of the Central Bank of Azerbaijan, Taleh Kazimov, said during a press conference on the parameters of the interest rate corridor, APA reports.

He noted that by the end of this year, the current account surplus is expected to form around $3.6–4 billion.

 

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