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  • Fuel and Energy
  • item

    Oil continues price growth, and Brent is at $43.91 a barrel

    Oil prices keep on rising in Thursday`s trading amid the expectations of Department of Energy`s data about oil stocks in the U.S.

    12 November - 11:45

  • item

    Parviz Shahbazov to deliver speech at GECF ministerial meetings

    11 November - 13:34

  • item

    EIA presents a forecast on Azerbaijani - oil production to be cut

    The Energy Information Agency under the U.S. Department of Energy (EIA) did not change the forecast for oil and other liquid hydrocarbons production in Azerbaijan for 2020.

    11 November - 13:33

  • item

    Oil grows in price, and Brent is at $43.96 a barrel

    The benchmark oil prices keeps on rising in Wednesday`s trading amid the American Petroleum Institute`s data about the decline in oil stocks in the U.S.

    11 November - 12:10

  • item

    Energy Ministry: Azerbaijan met its OPEC+ obligations by 100%

    In October, Azerbaijan`s daily oil production with condensate amounted to 675,200 barrels

    10 November - 15:36

  • item

    Oil gets cheaper after strong growth, and Brent is at $41.99 a barrel

    The benchmark oil prices are declining in Tuesday`s trading amid continuing concerns about the weakening demand in connection with the quarantine restrictions in Europe and the U.S.

    10 November - 11:27

  • item

    Important statement made about Azerbaijani gas supplies to Europe

    Despite the ongoing military operations on the liberation of Azerbaijani lands from Armenian occupation, the country will not cancel its plans to supply natural gas to southern Europe

    6 November - 11:52

  • item

    Oil keeps on falling in price, and Brent is at $39.92 a barrel

    Oil prices continued to decline in Friday`s trading amid the worsening of the demand prospects in connection with the growing number of Covid-19 diseases worldwide and new quarantine measures

    6 November - 10:20

  • item

    Azerbaijan and Iran discussed cooperation on electric power industry

    Energy Minister Parviz Shahbazov has held a video meeting with Iranian ambassador Seyid Abbas Mousavi

    5 November - 12:27

  • item

    Oil cheapens after a rise the day before, and Brent is at $39.01 a barrel

    Oil prices are declining in Thursday`s trading after a significant jump in the previous session.

    5 November - 12:20

  • item

    Azerbaijan`s Oil Fund has declared income from ACG field

    4 November - 17:49

  • item

    Cost of oil rises slightly, and Brent is at $39.01 a barrel

    Oil prices are increasing in Tuesday`s trading after a jump the day before amid the signals that the OPEC+ countries may cancel the production cut lifting, scheduled for early 2021.

    3 November - 11:33

  • item

    Oil cheapens after last month`s drop, and Brent is at $36.72 per barrel

    Oil prices continue falling in Monday`s trading after last month’s decline

    2 November - 11:22

  • item

    WTI grade falls, while Brent rises in price

    Benchmark oil prices have shown the mixed dynamics in Friday`s trading after falling the day before to the lowest values since May

    30 October - 11:38

  • item

    State may reduce support for SOCAR in this case

    International rating agency S&P Global Ratings (S&P) confirmed SOCAR`s rating at "BB-", and lowered the rating Outlook from "Stable" to "Negative"

    29 October - 12:30

  • item

    Oil gets more expensive after a strong fall the day before, and Brent is at $39.15 per barrel

    Oil prices are growing in Thursday`s trading after decrease by over 5% the day before

    29 October - 11:41

  • item

    Azerenerji`s ratings can be downgraded

    Azerenerji`s credit rating has been re-approved at the level of BB/B

    28 October - 15:11

  • item

    Oil drops in price after rising the day before, and Brent is $40.49 per barrel

    Oil prices are falling in Wednesday`s trading amid the data about the growth of oil stocks in the U.S.

    28 October - 11:26

  • item

    New general director was appointed to SOCAR-AQS LLC

    28 October - 10:51

  • item

    Oil prices rise after decline the day before, and Brent is at $40.76 per barrel

    Oil is increasing in price in Tuesday`s trading after the decrease of prices to minimum over the last 3 weeks amid the news of oil production growth in Libya

    27 October - 11:30

  • item

    Oil cheapens, and Brent is at $41.06 per barrel

    Oil prices are declining in Monday`s trading because of the prospects of deterioration in the oil demand due to the growing incidence of Covid-19 in the world

    26 October - 11:32

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