CBA predicts that average price for 1 barrel of oil this year to be $65

12:10 - 4.02.2026


February 4, Fineko/abc.az. Azerbaijan's economic growth will be 2.4% this year.

ABC.AZ reports that CBA informs that CBA governor Taleh Kazimov made this statement at a press conference.

He noted that the non-oil/gas sector is expected to grow by 4%.

"And next year, growth is projected at 2.9% and 4.3%, respectively," he added.

In addition, according to Kazimov, the CBA expects that this year the average price for 1 barrel of oil at the world market will be $65, and the average price for 1,000 cu m of natural gas will be $254.

By Elmir Murad