Azerbaijani Oil Slightly Decreases in Global Markets

Baku: The price of Azerbaijan’s “Azeri Light” (CIF) crude oil has seen a slight decrease on global markets. The cost of a barrel of Azerbaijani oil has fallen by $0.05, bringing the price to $116.

According to Azeri-Press News Agency, the previous pr…

Karabakh Worth Visiting, Says NomadMania Founder

Baku: Karabakh is worth visiting, said Harry Mitsidis, founder and CEO of the international travelers’ platform NomadMania, APA reports. Speaking at the organization’s annual meeting in Baku, Mitsidis noted that Karabakh has long remained an underexpl…

Earthquake Recorded in Caspian Sea

Baku: An earthquake has been recorded in the Caspian Sea, the Republican Seismological Service Center under the Azerbaijan National Academy of Sciences told APA.

According to Azeri-Press News Agency, it was reported that the earthquake measured 3.1…

ADB Allocates Over $39 Million for Azerbaijan Projects

Baku: In 2025, a total of $39.38 million has been allocated to various regional technical assistance projects involving Azerbaijan within the framework of cooperation with the Asian Development Bank (ADB).

According to Azeri-Press News Agency, the p…

Gold Prices Surge Towards $4,600 Amid Market Uncertainty

New york: Gold prices in global commodity markets have approached $4,600, APA-Economics reports. Prices for precious and industrial metals have increased across global markets.

According to Azeri-Press News Agency, on the Comex exchange, June gold f…

IEA Ready to Release Additional Oil Reserves to Market

Tokyo: The International Energy Agency (IEA) has expressed its readiness to release additional oil reserves to the market if necessary. This announcement was made by IEA head Fatih Birol during his visit to Tokyo. The statement came in response to a r…