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 ...

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. ...

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 ...

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 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 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 ...

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 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 ...

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 ...

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 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 ...

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 ...

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 12,537,004,000 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 ...

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 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. ...

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 ...

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 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 ...