Bank Of Baku

Oil price to be USD 65 in next year’s budget

Oil price to be USD 65 in next year’s budget
# 16 September 2026 21:25 (UTC +04:00)

The price of a barrel of "Azeri Light" crude oil has been projected at USD 65 for the preparation of Azerbaijan's consolidated and state budget drafts for 2027, APA-Economics reports citing Ministry of Finance's budget figures for 2027.

It was stated that this figure remains unchanged compared to the forecast for 2026.

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