IEA Revises 2026 Global Oil Supply Forecast

Baku: The International Energy Agency (IEA) has adjusted its forecast for global daily oil supply in 2026, projecting a decline by 0.6 million barrels compared to its earlier expectations. This revision is detailed in the IEA’s monthly report, as repo…

IEA Lowers Global Oil Demand Forecast for 2026

Baku: The International Energy Agency (IEA): forecasts that global daily oil demand will decrease by nearly 1.6 million barrels in 2026, APA-Economics reports, citing the IEA’s monthly report.

According to Azeri-Press News Agency, the IEA has lowere…

Azeri Light Crude Oil Price Reaches $95.57 Per Barrel

Baku: The price of Azeri Light crude oil experienced an increase of $0.41, or 0.43 percent, reaching $95.57 per barrel on Wednesday.

According to Azerbaijan State News Agency, the recent rise in price marks a continued upward trend for Azeri Light, …

Algerian Citizens Detained at Azerbaijan-Russia Border

Baku: Individuals attempting to violate the state border have been detained, the Press Center of the State Border Service said, APA reports. According to the information, as a result of the vigilance of a border patrol in the service area of the Khuda…

Fenerbahce Books Play-Off Spot with 1-0 Win in Graz

Baku: Fenerbahce advanced to the Champions League play-off round on Tuesday, defeating Sturm Graz 1-0 in the second leg of their third qualifying round tie at Merkur Arena to seal a 3-0 aggregate victory, APA reports citing Trkiye Today.

According t…