Moscow: The conflict with Ukraine could conclude in just a month or two if Kyiv exhausts its ammunition supply, Russian President Vladimir Putin announced, APA reports quoting TASS. Putin emphasized the critical role of ammunition and financial support in sustaining Ukraine’s defense efforts, suggesting that the lack of these resources would lead to a swift … Read more
Moscow: Any potential agreements between Russia and Ukraine will need to guarantee the security of both countries for a long time to come, Russian President Vladimir Putin stated. According to Azeri-Press News Agency, Putin emphasized the importance of such agreements during a conversation with Russian television host Pavel Zarubin, underscoring that the finalization of these … Read more
New York: The price of natural gas futures quotes on the New York NYMEX Commodity Exchange has increased, APA-Economics reports. The price of natural gas futures for March delivery increased by 0.25% to 3,246 US dollars per 1 million BTU (British thermal unit). According to Azeri-Press News Agency, the fluctuation in natural gas prices is … Read more
London: During trading operations on the ICE London Intercontinental Exchange, the price of the April 2025 Brent oil export contract increased by 0.28% to 76.39 US dollars per barrel, APA-Economics reports. The changes reflect ongoing volatility in the global oil market. According to Azeri-Press News Agency, the price of a barrel of WTI oil for … Read more
Baku: The trial involving Metleb Baghirov, the head of the SalamNews and Interaz news agencies, continues at the Baku Court of Grave Crimes, with proceedings overseen by Judge Leyla Asgarova. Baghirov, who has been living outside Azerbaijan since 2003 and holds Russian citizenship, provided his testimony to the court. According to Azeri-Press News Agency, Baghirov … Read more
Baku: Azeri Light (CIF) Azerbaijani oil has decreased in price on world markets, APA-Economics reports. The price of Azerbaijani oil per barrel decreased by $1.02 or 1.27% to $79.48. Noted that the previous price of Azerbaijani oil was $80.5. According to Azeri-Press News Agency, the decline in the price of Azerbaijani oil reflects current trends … Read more
Amsterdam: The price of 1,000 cubic meters of gas in Europe has fallen below $520 at the close of auctions, marking a significant change in the energy market dynamics. This decrease was observed in the latest trading sessions, reflecting ongoing shifts in demand and supply across the continent. According to Azeri-Press News Agency, on January … Read more
Astana: Kazakhstan plans to start producing shale oil in 2025, Kazakh Prime Minister Olzhas Bektenov said. The initiative aims to create additional incentives for attracting investments in the oil and gas industry. According to Azeri-Press News Agency, the first production of Kazakh shale oil, which is extracted from sedimentary rocks, is expected to begin this … Read more
Baku: The Ministry of Internal Affairs of the Republic of Azerbaijan (MIA) has issued a warning regarding artificial intelligence, the ministry told APA. The warning emphasizes the rising trend of cyberattacks associated with the increased use of artificial intelligence technology. According to Azeri-Press News Agency, the MIA’s statement highlights the risks posed by unreliable artificial … Read more