Oil Price to Be USD 65 in Next Year’s Budget

Baku: The price of a barrel of "Azeri Light" crude oil has been projected at USD 65 for the preparation of Azerbaijan's consolidated and state budget drafts for 2027.

According to Azeri-Press News Agency, this figure remains unchanged compared to the forecast for 2026. The projection was reported by APA-Economics, which cited the Ministry of Finance's budget figures for 2027. This decision reflects the ongoing stabilizing measures in the country's economic planning, ensuring continued fiscal predictability.