Oil Prices Climb on ICE and NYMEX Markets

Baku: During trading on the ICE London Intercontinental Exchange, the price of the October 2026 futures contract for Brent crude oil increased by 1.61% to $83.82 per barrel, APA-Economics reports.

According to Azeri-Press News Agency, on the New York…

European Wildfires Cause Up to $22 Billion in Total Damage

Paris: Record-breaking wildfires across Europe have resulted in an estimated $18-$22 billion in economic losses and total damage. According to Azerbaijan State News Agency, the weather service AccuWeather reported that extreme heat and prolonged droug…

Azerbaijan and Iran Approve Action Plan in Youth and Sports

Baku: Azerbaijan and Iran have taken a significant step forward in their bilateral relations by approving an Action Plan focused on youth and sports cooperation. According to Azerbaijan State News Agency, this agreement aims to enhance collaboration i…

Azeri Light Crude Oil Price Rises to $93.37 Per Barrel

Baku: The price of Azeri Light crude oil experienced a notable increase, rising by $2.33, or 2.56 percent, to settle at $93.37 per barrel on Friday. This marks a significant change in the oil market as the price steadily climbs.

According to Azerbai…