CBA made forecast of average price of oil and gas at world market in 2026

12:11 - 22.10.2025


October 22, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) expects that next year the average price per barrel of oil at the world market will be $64.

ABC.AZ informs that CBA governor Taleh Kazimov made this statement at a press conference devoted to the decision on the parameters of the interest rate corridor.

Kazimov also voiced Central Bank's forecasts regarding natural gas prices for the next year.

He said that according to the CBA’s forecast, next year the average price per 1,000 cu m of natural gas will be $288.

By Elmir Murad