Market

Dubai: The Strait of Hormuz is a narrow waterway that connects the Persian Gulf with the Gulf of Oman to the southwest and from there with the open ocean, and it remains one of the most important strategic points of global energy. Despite its relative…

Baku: Amid global geopolitical tensions and rising prices in energy markets, the possibility of increasing import inflation in Azerbaijan and its impact on monetary policy are in focus, the Central Bank of Azerbaijan (CBA) said in response to an inqui…

Baku: On March 16, a media tour was organized to the facilities of ‘Tamiz Shahar’ OJSC within the framework of the UN World Urban Forum (WUF13), APA reports. The purpose of the tour was to acquaint media representatives with the modern approaches appl…

Baku: Financial violations, excessive and unjustified payments, and other shortcomings amounting to 609.7 million manats were detected as a result of state financial control measures in 2025, APA-Economics reports. This revelation was part of the ‘Rep…

Baku: A purposeful policy is being implemented to expand the geography of Azerbaijan’s gas supply, said Prime Minister Ali Asadov during the presentation of the ‘Report on the activities of the Cabinet of Ministers of the Republic of Azerbaijan in 202…

Baku: Azerbaijan’s state budget for 2025 saw revenues executed at approximately 39.2 billion manats, exceeding forecasts by 5.4%, while expenditures amounted to 38.6 billion manats, reflecting an increase of 2.4%. This financial performance was highli…

Baku: The price of Azerbaijan’s Azeri Light (CIF) crude oil has surged in global markets, as reported by APA-Economics. The increase in price marks a significant rise for the country’s oil sector.

According to Azeri-Press News Agency, the price of A…

Baku: A meeting was held between the Minister of Energy of the Republic of Azerbaijan, Parviz Shahbazov, and a delegation led by the former Prime Minister of Belgium, Yves Leterme, the Ministry of Energy told APA-Economics.

According to Azeri-Press …

Baku: Chinese companies are expanding cooperation with Azerbaijan in energy, manufacturing and within the framework of the Belt and Road Initiative, China’s Ambassador to Azerbaijan, Lu Mei, stated during a briefing held at the embassy, APA reports.
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