In January-October 2025, crude oil and crude oil products worth 10.8 billion dollars were exported from Azerbaijan. The State Customs Committee, which issued the report, ranked the export destinations according to their statistical value as follows: Italy, Czech Republic, Croatia, Germany, Romania, Portugal, United Kingdom, Greece, Ireland, Netherlands, Tunisia, France, India, Switzerland, Austria, Thailand, Indonesia, Turkey, Denmark, Bulgaria, Georgia.
Medianews.az reports that in Azerbaijan's 2025 budget, one barrel of oil was priced at 70 dollars, and Azerbaijani oil of the "Azeri Light" brand started January at 79, February at 78.52, March at 75.68, April at 78.29, May at 65.13, June at 68.82, July at 72.01, August at 72.70, September at 70.54, October at 69.86, and November at 65.87 dollars.
The exporters' OPEC+ coalition has set Azerbaijan's crude oil production quota at 551 thousand barrels, and 23 million tons of oil, including condensate, were produced in the country during January-October.
Toğrul Ali,
Medianews.az
