Global Oil Prices Continue to Decline

Baku: During the course of trading operations on the ICE London International Exchange, the value of the May 2025 contract for the export of “Brent” oil decreased by 0.27%, reaching 73.85 US dollars per barrel, APA-Economics reports. On the New York NYMEX commodity exchange, the price of one barrel of WTI crude oil for export … Read more

Natural Gas Prices Decline on New York Exchange

New York: Future quotations for natural gas have decreased on the New York NYMEX commodity exchange, APA-Economics reports. The price of natural gas futures for delivery in April has decreased by 3.2%, reaching 3.997 US dollars per 1 million BTU (British thermal unit). According to Azeri-Press News Agency, this marks another decrease in natural gas … Read more

Central Bank of Azerbaijan Releases Latest Exchange Rates

Baku: The Central Bank of Azerbaijan has announced today’s exchange rates. According to Azeri-Press News Agency, on February 24, 2025, the exchange rate of the US dollar remained unchanged at 1.7000 AZN, while the Turkish lira stood at 0.0467 AZN. Meanwhile, the value of 100 Russian rubles increased to 1.9209 AZN, and the euro rose … Read more

179 People Seek Medical Assistance Due to Snowy Weather in Azerbaijan

Baku: The Republic Emergency and Urgent Medical Assistance Center has reported that 179 individuals have sought medical assistance as a result of the snowy weather conditions. This includes 89 women and 90 men, as confirmed by the Management Union of Medical Territorial Units (TABIB) in response to an inquiry from APA. According to Azeri-Press News … Read more

Official Welcome Ceremony Held for Pakistan’s Prime Minister in Azerbaijan

Baku: An official welcome ceremony was held for Muhammad Shehbaz Sharif, Prime Minister of the Islamic Republic of Pakistan, who arrived in the Republic of Azerbaijan for a state visit. A guard of honor was arranged for the Pakistani Prime Minister in the square decorated with the national flags of both countries. President of Azerbaijan … Read more

Gold and Silver Prices Experience Marginal Increase in Commodity Markets

New York: The price of gold for April futures on the New York COMEX commodity exchange increased by 0.02%, reaching 2,953.7 US dollars per troy ounce. According to Azeri-Press News Agency, the price of silver for May futures also rose by 0.02%, reaching 33.35 US dollars per ounce on COMEX. The data from the exchange … Read more

XRP Price Prediction to $60: Long-term Price Target According to Analysts

New York: The recent price movements of XRP show quite high volatility. After starting the week at around $2.75, XRP experienced significant selling pressure, which caused the price to consolidate around $2.67, APA reports. According to Azeri-Press News Agency, if XRP is able to break through the key resistance level at $3, this digital asset … Read more

Next Session of Milli Majlis to Address Amendments to Key Azerbaijani Laws

Baku: The date and agenda of the upcoming plenary session of the Milli Majlis, the Azerbaijani Parliament, have been officially announced. The session is scheduled for February 28 and will feature a comprehensive agenda comprising 16 significant issues. According to Azeri-Press News Agency, the agenda includes a series of draft laws aimed at amending various … Read more

Trial of Arayik Harutyunyan and Others Postponed

Baku: The trial of Arayik Harutyunyan and others, accused of numerous crimes resulting from Armenia’s military aggression, has been postponed. According to Azeri-Press News Agency, the proceedings have encountered delays affecting the timeline of the trial. The reasons for the postponement have not been detailed, but the decision impacts the legal process surrounding the individuals … Read more