Land Allocated for Construction of 24 Metro Stations in Baku

Baku: Land plots have been allocated for the construction of 24 metro stations in Baku, APA-Economics reports. This development was outlined in the ‘Report on the activities of the Cabinet of Ministers of the Republic of Azerbaijan for 2025,’ which wa…

SOCAR Receives Significant Financial Influx in 2025

Baku: Funds amounting to 32.3 billion manats were received into SOCAR’s currency and settlement accounts last year, APA-Economics reports. This substantial financial influx was outlined in the ‘Report on the activities of the Cabinet of Ministers of t…

Brent Oil Price Rises

London: During trading on the ICE London Intercontinental Exchange, the price of the May 2026 contract for the export of Brent crude oil increased by 0.02% to $100.48 per barrel.

According to Azeri-Press News Agency, the price of WTI crude oil for A…

Azerbaijani Oil Price Exceeds $105

Baku: The price of Azerbaijan’s Azeri Light (CIF) crude oil has surged in global markets, as reported by APA-Economics. The increase in price marks a significant rise for the country’s oil sector.

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

Azerbaijan Expands Gas Supply to New Markets Including Syria

Baku: A purposeful policy is being implemented to expand the geography of Azerbaijan’s gas supply, said Prime Minister Ali Asadov during the presentation of the ‘Report on the activities of the Cabinet of Ministers of the Republic of Azerbaijan in 202…