Baku: In January-February 2026, Azerbaijan’s gross domestic product (GDP) reached 18 billion 473.1 million manats, APA-Economics reports, citing the State Statistical Committee. This represents a 0.3 percent increase compared to the same period the pr…
Baku: The European Union must diversify supply chains to reduce global economic risks, former President of the European Council and former Prime Minister of Belgium Charles Michel said during a panel discussion at the 13th Global Baku Forum, APA-Econo…
London: The International Energy Agency (IEA) has significantly revised its forecast for global oil production growth in 2026, lowering its expectations by more than half. The agency’s recent report indicates a substantial adjustment in the predicted …
Paris: The International Energy Agency (IEA) has revised its forecast for the growth rate of global average daily oil demand for the current year, reducing it by 200,000 barrels. This adjustment comes as part of the Agency’s latest monthly report.
A…
Abu dhabi: Fuel export flows through the Strait of Hormuz have almost completely stopped due to the conflict in the Middle East, the International Energy Agency (IEA) stated, APA-Economics reports. The interruption in the flow of fuel exports has had …
New york: The price of gold futures per troy ounce (31.1 grams) has decreased in commodity markets, APA-Economics reports, citing exchange data. The price of gold futures for April 2026 per troy ounce on the COMEX commodity exchange in New York decrea…
Baku: The UK-based company Anglo Asian Mining PLC, operating in Azerbaijan, has produced more than 850,000 ounces of gold since it began production in 2009 through the end of January this year, the mining company stated, APA-Economics reports.
Accor…
New york: Natural gas futures quotations have experienced an upward trend on the NYMEX commodity exchange in New York. The price of natural gas futures for April 2026 delivery has increased by 1.95%, reaching 3.287 US dollars per 1 million BTU (Britis…
Baku: During trading operations on the ICE London intercontinental exchange: the price of the May 2026 contract for Brent crude oil exports increased by 8.94% to 100.2 US dollars per barrel, APA-Economics reports.
According to Azeri-Press News Agenc…