Azerbaijani Oil Price Drops Below $70

Baku: The price of Azerbaijani oil Azeri Light (CIF) brand has fallen on world markets, APA-Economics reports. The price of 1 barrel of Azerbaijani oil decreased by $1.84 or 2.6% to $69.39.

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

Azerbaijan’s Central Bank Unveils Its Inflation Forecast

Baku: The Central Bank of Azerbaijan (CBA) forecasts that annual inflation will be within the target in 2025 and 2026, APA-Economics reports, citing the CBA.

According to Azeri-Press News Agency, the July forecasts under the base scenario indicate t…

CBA Cuts Key Interest Rate for the First Time in a Year

Baku: The Central Bank of Azerbaijan (CBA) has announced a change in the key interest rate for the first time in a year. The CBA Board of Directors has decided to reduce the discount rate to 7.00%, while adjusting the lower limit of the interest rate …

World Stock Markets See Mixed Performance on July 22

New york: Main indexes of world stock markets displayed varied movements on July 22, with some markets experiencing gains while others faced declines. In the American stock markets, the Dow Jones index saw an increase of 0.40%, reaching 44,502.44 poin…

Natural Gas Prices in Europe Surge Beyond 405 USD

Amsterdam: During today’s auctions, the price of 1,000 cubic meters of gas in Europe has surpassed 405 USD, marking a significant development in the energy markets.

According to Azeri-Press News Agency, the price of August futures on the TTF (Title…