Baku: The price of Azerbaijani oil of the "Azeri Light" (CIF) brand continues to rise in world markets. The price of one barrel of Azerbaijani oil increased by USD 0.32 or 0.45% yesterday, reaching USD 72.17.
According to Azeri-Press News Agency, the previous price of Azerbaijani oil was USD 71.85. It is notable that in Azerbaijan's state budget for this year, the average price of one barrel of Azeri Light brand oil is calculated at USD 70.
Baku: Azerbaijan’s non-oil sector exports experienced a 9.9% increase during the first half of 2025 compared to the same period in 2024, reaching a total of 1.8 billion US dollars.
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