Paşha Bank
Bank Of Baku

Central Bank of Azerbaijan announces oil price forecasts for 2026 and 2027

CBA Governor Taleh Kazimov

© APA | CBA Governor Taleh Kazimov

# 29 October 2026 11:31 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) forecasts an average annual oil price of $92.8 per barrel for 2026 and $82.8 per barrel for 2027, CBA Governor Taleh Kazimov, stated at a press conference dedicated to the monetary policy decision, APA-Economics reports.

According to him, these prices are among the assumptions used in preparing the current account balance forecasts.

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