Fatal Road Accident in Baku Claims Four Lives

Baku:A tragic road accident occurred in the Garadagh settlement of Baku’s Garadagh district, resulting in the deaths of four individuals and one survivor. The Ministry of Emergency Situations was alerted via its ‘112’ hotline about citizens trapped in…

Azerbaijani Oil Price Drops Amid Global Market Changes

Baku:The price of Azerbaijan’s Azeri Light crude oil has decreased in the global markets.

According to Azeri-Press news agency, the cost of one barrel of Azeri Light oil has fallen by $3.93, or 3.15%, bringing the price down to $120.68. Previously, …

US Revises Azerbaijan Oil Production Forecast for 2027

Baku:The US Energy Information Administration (EIA) has updated its forecast for Azerbaijan’s oil and other liquid hydrocarbons production for the years 2026-2027. The revised forecast anticipates an average daily production of 530,000 barrels in 2027…

Bitcoin Drops to $84,000 Amid Broader Crypto Market Decline

Baku:According to Azeri-Press news agency, the cryptocurrency market experienced a downturn in the past 24 hours, with most major assets seeing declines. Bitcoin’s value dropped by 1.69%, reaching $84,122.74. Despite this short-term decrease, Bitcoin …