Medianews.az
Azerbaijani oil: 40 cents more expensive, 3.38 dollars cheaper
287 views

Azerbaijani oil: 40 cents more expensive, 3.38 dollars cheaper

On December 25, the barrel of Azerbaijani oil under the "Azeri Light" brand is being sold for $66.62. This is 40 cents higher than the starting price of the month, but $3.38 lower than what was envisaged in the budget.

Medianews.az reports that in Azerbaijan's 2025 budget, a barrel of oil was accounted for $70, with "Azeri Light" starting at $79 in January, $78.52 in February, $75.68 in March, $78.29 in April, $65.13 in May, $68.82 in June, $72.01 in July, $72.70 in August, $70.54 in September, $69.86 in October, $65.87 in November, and $66.22 in December.

The OPEC+ coalition for exporters has set the crude oil production quota for Azerbaijan at 551 thousand barrels. From January to November, 25.3 million tons of oil were produced in the country, and crude oil and crude oil products worth $11.5 billion were exported abroad.

Medianews.az

Join Us