On December 10, the price of one barrel of Azerbaijani oil - "AzeriLight" - dropped to $65.32.
Medianews.az reports that in the 2025 state budget, one barrel of oil is taken at $70, with "AzeriLight" starting 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, November at $65.87, and December at $66.22.
From January to October, 23 million tons of oil were produced in Azerbaijan including condensate, and raw oil and raw oil products worth $10.8 billion were exported from the country.
The international coalition of exporters has set Azerbaijan's daily production quota for raw oil at 551 thousand barrels.
