CBA announces forecast for oil prices: this year oil price to reach $92.8

11:51 - 29.10.2026


October 29, Fineko/abc.az. The Central Bank of Azerbaijan predicts that the average price for 1 barrel of oil in 2026 will be $92.8, CBA governor Taleh Kazimov stated at a press conference.

The head of the regulator added that by 2027, the average price for a barrel of oil is expected to be $82.8.