The price of Azerbaijan's "Azeri Light" crude oil has increased on the world market.
According to Oxu.Az, the price per barrel rose by $1.82, or 1.62%, reaching $114.14.
Previously, Azerbaijan's oil was priced at $112.32 per barrel.
Azerbaijan oil prices rise
Azerbaijan's Azeri Light oil price increased by $1.82 to $114.14 per barrel. Latest update on oil market trends and impact.
More News
Oil prices sharply drop below $89
Oil prices sharply declined. Brent fell to $88.66, WTI to $85.86 per barrel.
Khalid Ahadov: New state program to ensure intensive development
Khalid Ahadov says new state program will ensure intensive development in agriculture. Focus on subsidies, productivity, and export-oriented production.
Shusha SME House served 560 in 5 months
Shusha SME House provided nearly 560 services in January-May. Most requests were about electricity, taxes, and gas.
Middle East Tension Drives Oil Prices Up
Middle East tensions boost oil prices. Brent hits $94, WTI reaches $91 per barrel.
SOCAR becomes skill exporter company
Deputy Energy Minister Elnur Soltanov says SOCAR is becoming a skill exporter company.
Minister: Use of VAT account funds to be expanded
Minister of Economy Mikayil Jabbarov announced the expansion of using VAT account funds for social insurance payments and other state obligations.
Incentives in the Great Return program
The Great Return program includes incentives on taxes, customs, and social payments. Minister Mikayil Jabbarov provided details.
Extra revenues directed to reserves
Economy Minister Mikayil Jabbarov spoke about directing extra revenues to reserves and investments in the liberated territories.
Non-oil sector reaches 71.5%
Mikayil Jabbarov: Non-oil sector reaches 71.5%. Positive shift in economic structure.
Penalties for Non-Compliance with Digital Fraud Rules
Central Bank of Azerbaijan warns of fines for non-compliance with digital fraud prevention rules. New anti-fraud legislation details.
State to pay credit interest for farmers
State to pay credit interest for farmers. New mechanism aims to support the agricultural sector.
Azerbaijan incomes rise 10.2%
Azerbaijan's nominal incomes hit 37.7 billion manats, recording 10.2% growth.
...