Azerbaijani Oil Price Rises

Baku: Azeri Light (CIF) Azerbaijani oil has risen in price on world markets, APA-Economics reports. The price of Azerbaijani oil per barrel increased by 0.27 US dollars or 0.35% to 78.42 US dollars. According to Azeri-Press News Agency, the previous price of Azerbaijani oil was 78.15 US dollars.

Natural Gas Prices Decline at NYMEX

New York: Natural gas futures prices fell on the New York NYMEX, APA-Economics reports. The price of natural gas futures for March delivery decreased by 0.62% to $3,203 per million BTU (British thermal unit). According to Azeri-Press News Agency, this decline in natural gas prices reflects fluctuations in the energy market, impacting the cost of … Read more

Oil Prices Decrease at World Markets

London: During trading operations on the ICE London Intercontinental Exchange, the price of the April 2025 Brent oil export contract decreased by 0.51% to 75.81 US dollars per barrel, APA-Economics reports. According to Azeri-Press News Agency, the price of a barrel of WTI oil for export in March this year on the NYMEX commodity exchange … Read more

Ambassador: Suffering of Jammu and Kashmir’s People Similar to Karabakh’s Occupation

Baku: The suffering of the people of Jammu and Kashmir, illegally occupied by India, is similar to what the Azerbaijani people experienced during Armenia’s occupation of Karabakh, Pakistan’s Ambassador to Azerbaijan, Qasim Mohiuddin, said during an event at the embassy dedicated to “Kashmir Solidarity Day”. According to Azeri-Press News Agency, the ambassador stated that India’s … Read more

Azerbaijan’s Central Bank Joins Global Financial Innovation Network as Observer Member

Baku: The Central Bank (CBA) of the Republic of Azerbaijan has become an observer member of the Global Financial Innovation Network (GFINN) to develop digital financial solutions and promote innovation. According to Azeri-Press News Agency, this membership will allow the Central Bank to engage in the Network’s initiatives and collaborate with leading global regulators and … Read more

Gold Increased in Price, Silver Decreased in World Last Month

Baku: Last month, the price of one troy ounce of gold on global markets was USD 2,710, APA-Economics reports citing the World Bank’s monthly commodity price report. According to Azeri-Press News Agency, this is 2.3% or USD 62 more compared to December 2024. In January, the price of one troy ounce of silver made up … Read more

Azerbaijani Government Mission Visits Mongolia for High-Level Talks

Baku: From February 3 to 5, a government mission of the Republic of Azerbaijan, led by Deputy Minister of Foreign Affairs Elnur Mammadov, conducted a visit to Mongolia, the Ministry of Foreign Affairs (MFA) told APA. According to Azeri-Press News Agency, during the visit, Deputy Minister Elnur Mammadov held meetings with Mrs. Batmunkh Battsetseg, Foreign … Read more

Azerbaijan to Hold Funeral Ceremony for Identified Soldiers Missing Since First Garabagh War

Baku: Azerbaijan is set to hold a funeral ceremony for three soldiers who went missing during the First Garabagh War. The announcement comes after the identification of the soldiers’ remains, marking a significant moment for their families and the nation. According to Azeri-Press News Agency, the identification was confirmed by the Azerbaijan’s State Commission for … Read more

Armenian PM: We Are Currently Closer To Peace Than Ever

Washington D.C.: The Prime Minister of Armenia, Nikol Pashinyan, has expressed optimism about the prospect of peace with Azerbaijan, suggesting that both nations have a unique opportunity to start bilateral relations afresh. This announcement was made during his speech at the Atlantic Council meeting. According to Azeri-Press News Agency, Pashinyan emphasized that resolving sensitive issues … Read more