Gas Condensate Production Declines in Azerbaijan in H1

Baku: A total of 2.25994 million tons of gas condensate was produced in Azerbaijan in the first half of this year, marking a 9.1% decrease compared to the same period last year, the State Statistical Committee reported, as per APA-Economics.

Accordi…

Global Oil Prices Fall by More Than 5%

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…