Azerbaijan and China Discuss Strategic Energy Cooperation

Baku: Azerbaijan’s Minister of Energy, Parviz Shahbazov, recently engaged in discussions with He Shiyou, Executive Vice President of Powerchina Resources Ltd., focusing on collaborative energy projects. The dialogue centered around the implementation …

Azerbaijani Oil Price Drops by $1 in Global Markets

Baku: The price of Azeri Light crude oil fell by $1.03, or 0.94%, settling at $108.16 per barrel on Wednesday.

According to Azerbaijan State News Agency, the lowest recorded price for Azeri Light was $15.81 per barrel on April 21, 2020, while the hi…