To maintain balance of payments, price of Azeri Light should be in range of $40-45 a barrel

15:30 - 12.09.2024

September 12, Fineko/abc.az. To maintain Azerbaijan's balance of payments, the price of a barrel of Azeri Light oil on the world market should vary between $40-$45.

ABC.AZ reports that CBA Statistics Department’s director Samir Nasirov said this at a briefing at the Central Bank of Azerbaijan.

"There is no reason to worry about oil prices at the moment," he said.