Translation:
The average annual export price of Azeri Light (CIF) crude oil per barrel in 2025 has been announced.
According to calculations by APA-Economics, the average price of Azerbaijani oil last year stood at $71.1 per barrel.
Note that the average oil price decreased by 14% compared to the previous year. In 2024, the average export price of Azerbaijani oil amounted to $82.87 per barrel.
During 2025, the highest price reached $84.78 per barrel, while the lowest level was $61.83 per barrel.
Recall that in the state budget for last year, Azerbaijan calculated the average annual export price of oil at $70 per barrel. For the current year, the average annual export price of crude oil has been set at $65 per barrel.
