Azerbaijani Oil Price Sees Increment in Global Markets

Baku: In global markets, the price of Azerbaijan’s oil branded Azeri Light (CIF) has increased. The price of Azerbaijan’s oil per barrel rose by $0.10, or 0.19%, to reach $67.27.

According to Azeri-Press News Agency, the previous price of Azerbaija…

Gold Prices Surge to Two-Week High Amid US Debt Concerns

Baku: Gold prices rose to a two-week peak on Thursday as investors leaned toward the safe-haven asset amid mounting concerns over the US government’s growing debt and soft demand for 20-year Treasury bonds, highlighting low appetite for US assets: Spo…

Azerbaijan Lowers Excise Duty on Gasoline and Diesel

Baku: Azerbaijan has announced a significant reduction in the excise duty rates for motor gasoline and diesel. The excise duty for motor gasoline, specifically excluding aviation gasoline and with a lead content not exceeding 0.013 g/l and an octane n…

Verdict Announced for Members Planning ‘Karima’ State

Baku: The final hearing in the case of Khagani Mammadov, Sanan Mammadov, Igbal Akhundov, Arif Jumshudov, Tarzan Garashov, and Anar Isayev, accused of attempting to seize power by force to establish a ‘Karima’ state, took place today. The verdict was d…