Oil prices rise on world markets

18.01.2020 [13:09]
Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.23 to stand at $64.85, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose ...

Azeri Light crude sells for $67.69

18.01.2020 [12:06]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.43 to stand at $67.69. ...

Next coupon payment for SOCAR Bonds – investors’ income reach 16 million USD

17.01.2020 [19:59]
SOCAR Bonds offering alternative investment opportunities for Azerbaijani citizens have become a trend in the local securities market. Investors of these securities made a total income of 1,250,000 USD during the 13th coupon payments transferred to the ...

Azeri Light crude sells for $68.12

17.01.2020 [17:18]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.19 to stand at $68.12 ...

Oil prices fall on world markets

17.01.2020 [11:43]
Oil prices have fallen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.05 to stand at $64.57, while the price of Light crude oil at the NYMEX ...

Global oil supply falls in Dec. 2019

16.01.2020 [17:29]
Global oil supply tumbled by 780,000 barrels per day in December to stand at 100.7 million barrels per day (mb/d), according to the International Energy Agency’s (IEA) report on Thursday, according to Anadolu Agency. The decrease came from Saudi Arabia's reduced output and a seasonal fall in biofuels production ...

Azeri Light crude sells for $66.93

16.01.2020 [17:20]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $1.11 to stand at $66.93 ...

Oil prices rise on world markets

16.01.2020 [11:18]
Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.51 to stand at $64.51, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.48 to trade at $58.29 ...

First Shafag-Asiman exploration well spudded offshore Azerbaijan

15.01.2020 [18:44]
SOCAR and BP announced today that the first exploration well was spudded on the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea on 13 January. BP is operator and holds a 50% interest in the Shafag-Asiman production sharing ...

Baku-Tbilisi-Ceyhan pipeline delivers 233.1 million barrels of Azerbaijani oil in 2019

15.01.2020 [17:44]
The total amount of Azerbaijani oil delivered to international oil markets via the 1,776-kilometer-long BTC pipeline from the Ceyhan marine terminal in the Adana province of southern Turkey totaled around 233.1 million barrels in 2019 ...

Oil prices fall on world markets

15.01.2020 [17:31]
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 $64.34 ...

EIA raises Brent price forecast to $65 for 2020

15.01.2020 [12:55]
The US Energy Information Administration (EIA) has raised its forecast on Brent crude oil spot prices for this year in its short-term energy outlook report. EIA forecasts Brent crude oil spot prices will average $65 per barrel ...

Azeri Light crude exceeds $68

15.01.2020 [12:30]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.83 to stand at $68.04. ...

Azerbaijan exported 12.5 bln cubic meters of gas last year

14.01.2020 [18:28]
Azerbaijan exported 12,537,004,000 million cubic meters of gas in 2019, according to the State Statistics Committee. The total value of the exported gas made $ 2,366,008,000 million ...

Brent crude oil sells for $64.24

14.01.2020 [16:01]
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.04 to stand at $64.24, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) fell $0.02 to trade at $58.06 ...

Azerbaijan exported nearly 980,000 tons of oil products last year

14.01.2020 [12:19]
Azerbaijan exported 979,700 tons of oil products in 2019, according to the State Customs Committee. Official figures suggest that the total value of the exported oil products made $462.7 million. ...

Azeri Light crude sells for $67.21

14.01.2020 [11:07]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $1.32 to stand at $67.21 ...

Renowned oil-scientist and geologist Khoshbakht Yusifzade awarded “Heydar Aliyev” Order

13.01.2020 [20:46]
President Ilham Aliyev has signed an Order to award First Vice-President of the State Oil Company of Azerbaijan (SOCAR), academician Khoshbakht Yusifzade with "Heydar Aliyev" Order. Khoshbakht Yusifzade was honored for his outstanding contribution to and long-term ...

Oil prices rise on world markets

13.01.2020 [19:36]
Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.11 to stand at $65.09, while the price of Light crude oil at the NYMEX ...