Market

Yerevan: Oxford Economics expects the incumbent Civil Contract to win the Armenian parliamentary elections in June, APA-Economics reports. A victory would likely clear the way for a referendum to remove references to Karabakh from the constitution, fa…

Washington: U.S. commercial crude oil inventories have experienced a significant decline, decreasing by 9,014 thousand barrels to reach 419,815 thousand barrels, APA-Economics reports. This marks a substantial shift as the reserves dip below the 420 m…

Paris: Within the framework of the International Energy Agency (IEA) Ministerial Meeting held in Paris, the Netherlands’ Deputy Prime Minister Sophie Hermans announced the key priorities of the Agency’s member countries, APA-Economics reports, citing …

Baku: The next stage of the project for exporting ‘green energy’ produced in Nakhchivan will be discussed at the meeting of the Southern Gas Corridor Advisory Council to be held in Baku in March, said Minister of Energy and Natural Resources Alparslan…

Baku: The price of Azerbaijani oil branded ‘Azeri Light’ (CIF) has increased on global markets, APA-Economics reports. The rise in price sees Azerbaijani oil climbing by $1.83, or 2.58%, reaching $72.78 per barrel.

According to Azeri-Press News Agen…

Baku: The broad application of artificial intelligence is planned both in public administration and across various sectors of the economy, Deputy Minister of Digital Development and Transport Samaddin Asadov revealed in an interview with APA-Economics…

New york: Futures prices for one troy ounce (31.1 grams) of gold have increased on commodity markets.

According to Azeri-Press News Agency, on the COMEX commodity exchange in New York, the price of April 2026 gold futures for one troy ounce rose by…

Ankara: ‘We hope that the normalization process with Armenia will also have an impact on economic relations,” said Minister of Energy and Natural Resources Alparslan Bayraktar in a statement to APA’s Trkiye bureau. The minister noted that they support…

Baku: ‘The profitability of state-owned enterprises in Azerbaijan should be increased, and subsidies should be reduced,’ APA-Economics reports. This was stated in the report of the International Monetary Fund’s (IMF) mission on Azerbaijan.

According…