12:33 - 23.04.2025

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April 23, Fineko/abc.az. The Central Bank of Azerbaijan predicts that the average oil price will exceed $70 in 2025.

ABC.AZ informs that CBA chairman Taleh Kazimov said this at today's press conference.

He noted that in 2026, the CBA expects oil prices to remain above $70: "Central Bank's June forecast in this regard will be more accurate. We also predicted that the average price of natural gas this year will be $304."

Previously, the CBA had forecast the price of oil at $77 and the price of natural gas at $349 for 2025.