® Azercell awarded certificate for “The Best Stand Design”

09.12.2019 [19:26]
Azercell Telecom has participated in the 25th Anniversary of Bakutel - Azerbaijan International Exhibition of Telecommunications, Innovation and High Technologies held at Baku Expo Center from December 3 to 6, 2019 as a general sponsor and provider of innovative services ...

Caspian European Club arranges business tour to АSK Glass plant

09.12.2019 [17:40]
Members of the Caspian European Club have visited АSK Glass plant as part of the arranged business tour. Businessmen viewed a full range of manufactured products and modern production techniques, including closed cycle production technologies, First Deputy Chairman and CEO of the Caspian European Club Telman Aliyev said. ...

Azerbaijan, Russia sign three documents

09.12.2019 [16:35]
Azerbaijan and Russia have signed three documents as part of the 18th meeting of the Intergovernmental Commission on economic cooperation held in Baku. The two countries signed the protocol of the 18th meeting, Cooperation Program in the Agro-Industrial Area ...

Deputy PM: 950 companies with Russian capital operate in Azerbaijan

09.12.2019 [15:21]
There are currently 950 companies with Russian capital in Azerbaijan, Deputy Prime Minister, co-chair of the Azerbaijan-Russia Intergovernmental Commission on Economic Cooperation Shahin Mustafayev has said at the Commission’s 18th meeting in Baku ...

Goldman lifts 2020 oil forecasts as OPEC cuts tighten market

09.12.2019 [14:08]
Goldman Sachs raises 2020 Brent spot price to $63/bbl from $60 previously, according to emailed report, according to Bloomberg. The long-term anchor price still seen at $55/bbl. Bank now forecasts WTI spot price at $58.50/bbl with long-term ...

Oil prices fall on world markets

09.12.2019 [11:25]
Oil prices have fallen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.18 to stand at $64.21, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) fell $0.26 to trade at $58.93. ...

Oil posts best week since June as OPEC and allies announce deep production cut

07.12.2019 [20:49]
Oil moved higher on Friday as OPEC and its allies agreed to deepen oil production cuts to 500,000 barrels a day through to March 2020. This brings the total production cut to 1.7 million barrels a day. U.S. West Texas Intermediate crude futures gained 77 cents, or 1.3%, to settle at $59.20 a barrel ...

® Enjoy Nasimi’s heritage with Azercell

07.12.2019 [14:00]
The leading mobile operator presents the works by the great poet in three languages under its “Audio Book” Project. Always drawing special attention to the initiatives and projects aimed to preserve cultural legacy of Azerbaijan ...

Azeri Light crude sells for $69.72

07.12.2019 [12:12]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.77 to stand at $69.72 ...

Oil prices rise on world markets

07.12.2019 [11:37]
Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $1 to stand at $64.39, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.77 ...

State Customs Committee, Caspian European Club conduct B2G Forum

06.12.2019 [18:13]
Issues concerning an expansion of the dialogue between the customs agencies and the business sector in Azerbaijan were discussed at the B2G forum conducted by the Caspian European Club in Baku on December 6 and attended by the customs service Lieutenant General Safar ...

OPEC countries reach consensus on deal

06.12.2019 [16:47]
OPEC countries have reached a consensus on a deal on cutting oil production at the ministerial meeting on Thursday and plan to continue negotiations on Friday, Saudi Arabia's Energy Minister Abdulaziz bin Salman Al Saud told reporters, according to TASS. "We have reached an agreement with all OPEC members ...

Azeri Light crude reaches $69

06.12.2019 [11:21]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.79 to stand at $68.95 ...

Oil prices fall on world markets

06.12.2019 [10:30]
Oil prices have fallen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.29 to stand at $63.10, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) fell $0.19 to trade at $58.24 ...

Five airlines have shown 100% punctuality at Heydar Aliyev International Airport

05.12.2019 [15:12]
Heydar Aliyev International Airport has compiled a rating of the most punctual airlines in November 2019. Several airlines - Etihad Airways, Iraqi Airways, Lufthansa, Kuwait Airways and China Southern - achieved the highest rate of ...

Rystad Energy: Global oil stocks will balloon if OPEC fails to agree on deeper production cuts

05.12.2019 [13:41]
Barring additional oil production cuts by OPEC in 2020, Rystad Energy forecasts a substantial build of global crude stocks and a corresponding drop in oil prices. A showdown is taking place in Vienna as OPEC countries plus ...

Azeri Light crude exceeds $68

05.12.2019 [12:32]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $2.08 to stand at $68.16 ...

Oil prices fall on world markets

05.12.2019 [11:07]
Oil prices have fallen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.15 to stand at $62.85, while the price of Light crude oil at the NYMEX ...

Azerbaijani energy minister to attend 7th OPEC and non-OPEC Ministerial Meeting

04.12.2019 [19:01]
Azerbaijani Minister of Energy Parviz Shahbazov will participate in the 7th OPEC and non-OPEC Ministerial Meeting in Vienna, Austria on the invitation of Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo ...