US Commercial Oil Reserves Fall Below 416 Million Barrels

Baku: U.S. commercial crude oil inventories have decreased by 6.858 million barrels, amounting to 415.966 million barrels, APA-Economics reports, citing a publication by the U.S. Energy Information Administration (EIA) under the Department of Energy.
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World Bank Updates Brent Oil Price Forecast for 2025-2027

Washington: The World Bank (WB) has updated its forecast for the average price of the benchmark Brent crude oil for 2025-2026, APA-Economics reports, citing the bank’s forecast for October.

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

Baku Executive Head Addresses Betrayal Among Officials

Baku: “Sometimes we encounter cases where certain ungrateful officials, entrusted with responsible positions, succumb to unhealthy ambitions, leading to their degradation and resulting in unacceptable behavior or even acts of betrayal,” said Head of t…