EBRD Expands Investment Portfolio in Azerbaijan by Over 2%

Baku: The European Bank for Reconstruction and Development (EBRD) has expanded its investment portfolio in Azerbaijan, reaching £898 million as of March 31 this year. This marks an increase of 2.3%, or £21 million, compared to the previous month.

A…

Brent Crude Oil Prices Surge Past $126 on Global Markets

London: Brent crude oil prices have exceeded $126 on global markets. During trading on the ICE London, the price of Brent crude for June 2026 delivery rose by 6.92% to $126.2 per barrel.

According to Azeri-Press News Agency, on the NYMEX commodity e…

Gold Dips Slightly While Silver Rises on Commodity Markets

New york: Gold prices edged down slightly on global commodity markets, while silver posted gains, APA reports. Futures for one troy ounce of gold for June 2026 delivery on the COMEX declined by 0.05% to $4,559.3. At the same time, silver futures for J…

European Gas Prices Surpass $570 at Close of Trading

Amsterdam: At the close of trading yesterday, the price of gas in Europe exceeded $570 per 1,000 cubic meters, APA-Economics reports.

According to Azeri-Press News Agency, on April 29, the price of May futures on the TTF (the Netherlands’ Title Tran…

US Commercial Oil Reserves Fall Below 460 Million Barrels

Washington: Commercial crude oil inventories in the United States decreased by 6.234 million barrels to 459.495 million barrels.

According to Azeri-Press News Agency, this information was provided by the Energy Information Administration (EIA) unde…

Azerbaijani Oil Price Exceeds $122

Baku: Azerbaijan’s Azeri Light (CIF) crude oil has increased in price on global markets, APA-Economics reports. The price of Azerbaijani oil rose by $6.43, or 5.55%, to $122.32 per barrel.

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