Washington: U.S. commercial crude oil inventories have experienced a significant decline, decreasing by 9,014 thousand barrels to reach 419,815 thousand barrels, APA-Economics reports. This marks a substantial shift as the reserves dip below the 420 m…
Trkiye: SOCAR’s STAR oil refinery in Trkiye has initiated a reduction in its reliance on Russian crude oil, a change that began last year.
According to Azeri-Press News Agency, this move is part of a broader strategy to diversify supply sources ami…
Baku: In January 2026, the value of paid services provided to the population in Azerbaijan increased by 7.6% in real terms compared to the corresponding period of 2025, reaching 1 billion 264.1 million manats. During the reporting month, legal entitie…
New york: In 2026, Azerbaijan’s fiscal policy will be implemented based on a conservative approach aimed at gradually reducing dependence on oil revenues, Fitch Solutions said in a forecast on Azerbaijan, APA reports.
According to Azeri-Press News A…
Baku: Agricultural production in Azerbaijan experienced a slight increase in January, with the total value of agricultural products reaching 582.6 million manat at actual prices.
According to Azeri-Press News Agency, the State Statistical Committee…
Baku: The Central Bank of Azerbaijan is poised to sustain its cautious monetary policy through 2026, ensuring the manat exchange rate remains stable, as reported by APA-Economics. This strategy was highlighted in a forecast released by Fitch Solutions…
Baku: In January 2026, public catering turnover in Azerbaijan increased by 9.6% in real terms compared to the same period last year, reaching 219.2 million manats.
According to Azeri-Press News Agency, the State Statistical Committee reported that 5…
Azerbaijan: Azerbaijan’s economy is projected to expand by 2.5% in 2026, “Fitch Solutions” said in its forecast about Azerbaijan, APA-Economics reports. The company estimates that following growth of around 1.4% in 2025, economic expansion is expected…
Baku: During 2025, a total of 102,500 new jobs were created in Azerbaijan.
According to Azeri-Press News Agency, citing the State Statistical Committee, 9.3% of these jobs emerged from newly established enterprises and organizations, while 89.7% we…
