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OPEC has raised its 2023 global oil demand growth forecast in its first upward revision for months, (...)

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, incr (...)

OPEC sees a generally positive oil market outlook with last year’s uncertainty easing, but dow (...)

In January-August 2022, Azerbaijan’s GDP increased by 5.8 percent to 84.8 billion manat ($49.8 (...)

In February 2023, daily oil production (including condensate) in Azerbaijan amounted to 648,000 barr (...)

Oil production on the Azeri Central East (ACE) platform in Azerbaijan is planned to be commenced in (...)

Oil prices edged lower on Monday as investors weighed economic storm clouds that could foreshadow a (...)

Azerbaijan plans to increase the annual value of non-oil exports by $5 billion by 2025, Yusif Abdull (...)

The Organization of the Petroleum Exporting Countries (OPEC) reduced its forecast for the average da (...)

The non-oil export in Azerbaijan amounted to over $1.8 billion in January-June this year, up by 20.6 (...)

In 2021, Azerbaijan’s GDP grew by 5.6 percent, while the non-oil sector recorded a 7.6 percent (...)

Russia was the top export destination of Azerbaijan’s non-oil products in June of this year, a (...)

There is an increase in global oil prices on Monday morning due to expectations of Chinese economic (...)

The export of non-oil products in Azerbaijan amounted to $2.688.09 billion in January-November of th (...)

OPEC+ agreed its deepest cuts to oil production since the 2020 COVID pandemic at a Vienna meeting on (...)

The OPEC+ countries decided to jointly increase oil production in August by 648,000 barrels per day, (...)

In January-July of this year, Azerbaijan exported 16,414,905.12 tons of crude oil and crude oil prod (...)

In 2022, Azerbaijan exported non-oil products worth $2.992 billion, up 10.3% from a year earlier, ac (...)

The oil and gas sector of Azerbaijan has got $89 billion worth of foreign investments in 27 years, t (...)

OPEC countries (except Iran, Libya and Venezuela) participating in the OPEC+ deal reduced oil produc (...)