OPEC Reveals Decline in Azerbaijan’s Daily Oil Production in October.

Baku: In October of this year, Azerbaijan’s daily oil production averaged 482,000 barrels, which is 7,000 barrels lower compared to the previous month, September, this was stated in the monthly report of the Organization of the Petroleum Exporting Countries (OPEC), APA-Economics reports. According to Azeri-Press News Agency, the figure for July of this year was … Read more

Cambridge University Director Warns of Potential Failure to Achieve Net-Zero Emissions by 2050.

CAMBRIDGE: The aviation sector may fall short of reaching net-zero emissions by 2050, a target considered crucial in the fight against climate change, according to Professor Rob Miller, Director of the Aviation Impact Accelerator at the University of Cambridge. Speaking at an event on “Aviation Impact Accelerators and Leap Energy” at COP29, Miller emphasized the … Read more

Price of Azerbaijani Oil Exceeds $74.

Baku: The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports. The price per barrel rose by 0.44 USD or 0.6%, reaching 74.16 USD. According to Azeri-Press News Agency, the Azerbaijani oil was previously traded at 73.72 USD per barrel the day before.