Natural Gas Prices Decline at NYMEX.

New York: The price of natural gas futures on the New York Mercantile Exchange (NYMEX) has decreased, APA-Economics reports. According to Azeri-Press News Agency, the price of natural gas futures for delivery in January fell by 0.59% to 3.178 US dollars per 1 million BTU (British thermal unit).

Read More

US Commercial Oil Reserves Decrease to 428 Million Barrels.

Washington: US commercial oil reserves have experienced a notable decrease, falling to 428,448 thousand barrels as of last week. This decline marks a reduction of 1,844 thousand barrels, highlighting a significant shift in the nation’s oil stockpile. According to Azeri-Press News Agency, the Energy Information Administration (EIA) under the US Department of Energy released a […]

Read More

Azerbaijani Government to Allocate AZN 29 Billion for Karabakh Restoration Until 2027.

Baku: The Azerbaijani government has announced a significant financial commitment to the reconstruction of the Karabakh region, pledging to allocate AZN 29 billion by 2027. This ambitious plan aims to revitalize the region’s infrastructure and stimulate economic growth. According to Azeri-Press News Agency, the country report from Fitch Solutions, a subsidiary of Fitch Group, outlines […]

Read More

Azerbaijani President Sends Congratulatory Letter to Mauritania on Independence Day.

Baku: President of the Republic of Azerbaijan Ilham Aliyev has sent a congratulatory letter to Mohamed Ould Cheikh El Ghazouani, President of the Islamic Republic of Mauritania, on the occasion of Mauritania’s national holiday, Independence Day. The communiqué was reported by APA. According to Azeri-Press News Agency, President Aliyev expressed sincere congratulations on behalf of […]

Read More

President Ilham Aliyev Extends Independence Day Greetings to Timor-Leste.

Baku: President Ilham Aliyev has sent a congratulatory letter to José Ramos-Horta, the President of the Democratic Republic of Timor-Leste, in celebration of the nation’s Independence Day, APA reports. According to Azeri-Press News Agency, President Aliyev expressed his heartfelt congratulations to President Ramos-Horta and the people of Timor-Leste on this significant national occasion, the Proclamation […]

Read More