Riyadh: Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman are reaffirming their commitment to the stability of the oil market by adjusting production levels. These seven member countries of the OPEC Plus group convened via video confer…
Baku: The price of Brent crude oil experienced a significant decline during trading on the Intercontinental Exchange (ICE). The October 2026 contract for Brent crude oil saw a decrease of 5.06%, bringing the price down to $83.48 per barrel.
According…
Baku: Iran has announced that it is not currently engaged in any negotiations with the United States, while it is actively working alongside Oman to establish a ‘temporary route’ through the strategic Strait of Hormuz.
According to Azerbaijan State …
Baku: No deaths have been recorded at the beaches supervised by the State Service for Control over Small-Sized Vessels and Water Rescue of Azerbaijan’s Ministry of Emergency Situations since the start of the 2026 beach season, the Ministry of Emergenc…
Baku: Rabitabank has taken another significant step in expanding its international payments system by enabling the acceptance of UnionPay cards across its POS acquiring network in partnership with UnionPay International. As a result, UnionPay cardhold…
Baku: A delegation from Trkiye, including 20 media representatives visiting Azerbaijan, toured the Alley of Martyrs and the Turkish Martyrs’ Memorial in Baku, APA reports.
According to Azeri-Press News Agency, the visit took place as part of the pro…
Baku: SOCAR has acquired ITOCHU’s participating interest in the Azeri-Chirag-Gunashli (ACG) project. The relevant transaction documents regarding the purchase of participating interest were signed, and the acquisition was carried out in compliance wit…
Baku: SOCAR has acquired ITOCHU’s participating interest in the Azeri-Chirag-Gunashli (ACG) project. The relevant transaction documents regarding the purchase of the participating interest were signed, and the acquisition was carried out in compliance…
Aghdara: Two individuals were injured in an anti-personnel landmine explosion during demining operations in the village of Chardagli, located in Azerbaijan’s Aghdara district.
According to Azerbaijan State News Agency, the incident occurred while Su…