Oil Prices Drop in Global Markets

Baku: Oil prices declined in global markets: On the Intercontinental Exchange (ICE) in London, the price of Brent crude fell by $0.19 to $107.02 per barrel. On the New York Mercantile Exchange (NYMEX), the price of Light crude declined by $0.03 to $10…

Gold Price Surges by Over $45 on Global Markets

New york: The price of one troy ounce of gold increased by $44.90 to $4,602.40 on the COMEX Commodity Exchange in New York. Silver prices also rose, gaining $1.93 to reach $72.50 per ounce.

According to Azerbaijan State News Agency, the recent incre…

Azerbaijan Tightens Rules for Domestic Transport Permits

Baku: Requirements for issuing permits for domestic commissioned transportation have been tightened, APA reports. This move is part of an amendment to the Law “On Road Transport” which has been approved by President Ilham Aliyev.

According to Azeri-…

Azeri Light Crude Surpasses $128 Per Barrel

Baku: The price of Azerbaijani crude oil has exceeded $128 per barrel. A barrel of Azeri Light crude rose by $3.81, or 3.07%, reaching $128.05.

According to Azerbaijan State News Agency, the lowest price ever recorded for Azeri Light was $15.81 per…

Azerbaijan and Silk Road Fund Plan Joint Investment Venture

Baku: Azerbaijan’s Economy Minister Mikayil Jabbarov recently engaged in talks with Si Xinbo, the Executive Vice President of the Silk Road Fund and a member of its Investment Committee. The meeting centered on the establishment of a new joint investm…