London: During trading on the ICE London Intercontinental Exchange, the price of the April 2025 Brent crude oil contract for export decreased by 0.25% to 76.3 US dollars per barrel, APA-Economics reports. The price of a barrel of WTI crude oil for export in March this year on the NYMEX New York Commodity Exchange decreased … Read more
New York: Natural gas futures prices fell on the NYMEX, APA-Economics reports. According to Azeri-Press News Agency, the price of natural gas futures for March delivery increased by 0.36% to $3.077 per million BTU (British thermal unit).
New York: The price of one troy ounce of gold on the COMEX commodity exchange of New York increased by 0.11% and was equal to 2,797.8 US dollars, APA-Economics reports citing stock exchange data. According to Azeri-Press News Agency, the price of one ounce of silver on COMEX increased by 0.07% and was equal to … Read more
Baku: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) is expected to generate $5 billion 763.1 million or AZN 9 billion 797.3 million in revenue from profitable oil and gas, as projected in the 2025 budget draft. This information was reflected in the opinion of the Chamber of Accounts on the draft budget … Read more
Baku: President of the Republic of Azerbaijan Ilham Aliyev has sent a congratulatory letter to President of the People’s Republic of China Xi Jinping on the occasion of the upcoming Spring Festival, APA reports. According to Azeri-Press News Agency, the letter from President Aliyev expressed his sincere congratulations to President Xi Jinping and the people … Read more
Baku: The composition of the Organizing Committee for the III CIS Games, scheduled to be held in Azerbaijan in 2025, has been revised. President Ilham Aliyev has signed an order effectuating this change. According to Azeri-Press News Agency, the new composition of the Organizing Committee includes Samir Sharifov, the Deputy Prime Minister of the Republic … 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 $0.34 or 0.43% to $79.14. According to Azeri-Press News Agency, the previous price of Azerbaijani oil was $79.48.
Baku: President of the Republic of Azerbaijan Ilham Aliyev extended his congratulations to President Xi Jinping of the People’s Republic of China in light of the upcoming Spring Festival, as reported by APA. According to Azeri-Press News Agency, President Aliyev expressed his well-wishes for the Chunjie Festival, which signals the start of a new year … Read more
Baku: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has transferred a total of AZN 155,931.9 million to the state budget as of January 1, 2025. According to Azeri-Press News Agency, within the framework of the execution of SOFAZ’s 2024 budget, a total of AZN 12,781 million was transferred to the state budget … Read more
