Tehran will not cut production under OPEC prior to the lifting of sanctions

Iran, under US sanctions, will not participate in the coordinated production cuts within OPEC format+

OPEC+ ministers agree on need to reduce oil production

The OPEC+ ministers agreed yesterday at a meeting of the Monitoring Committee on the need to reduce oil production, including Russia

Azerbaijan supports reduction of oil production within OPEC+

Azerbaijan supports the reduction of oil production within OPEC+

Price of Azerbaijani oil has risen

Cost of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.63

UAE energy Minister: cooperation within OPEC+ will continue

United Arab Emirates will maintain cooperation within OPEC+

Azerbaijan and UAE discussed the current state of the global oil market

Minister of energy of Azerbaijan Parviz Shahbazov met with President of OPEC conference, Minister of energy of UAE Suhail Mohammed Faraj al-Mazrui.

Price of Azerbaijani oil has risen

Cost of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.63

Energy Minister to take part in 5th OPEC+ Ministerial Meeting

Azerbaijani Energy Minister Parviz Shahbazov will pay a working visit to Vienna on 4-7 December

Prices for oil have grown

Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $2.10

Qatar withdraws from OPEC

Withdrawal from the Organization of Petroleum Exporting Countries (OPEC) has been stated in Doha, Qatar

Cost of Azerbaijani oil has declined

The price of a barrel of Azerbaijani oil grade Azeri Light has dropped by $1.26

Oil and gas production grows in Baku

Oil and gas production grows in Baku

Azerbaijani oil price grows

Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $0.36

Azerbaijan’s Energy Ministry and BP agree to start cooperation on alternative energy sources

Azerbaijani Energy Minister Parviz Shahbazov has received BP Regional President for Azerbaijan, Georgia & Turkey Gary Jones

Price of oil falls

Cost of a barrel of Azerbaijani oil grade Azeri Light has dropped by $1

Azerbaijani oil price has declined

Cost of a barrel of Azerbaijani oil grade Azeri Light has decreased by $0.10

SOCAR and Azerbaijan sold about 132 million barrels of oil in 2017

State Oil Company of Azerbaijan and Azerbaijan sold totally 131.68 million barrels of oil last year

Oil prices rise after a grave fall

Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.88

Azerbaijan’s Energy Minister to take part in OPEC Council of Ministers meeting

Azerbaijani Energy Minister Parviz Shahbazov will take part in the meeting of the Council of Ministers of OPEC member states

Azerbaijan and Russia widen nuclear energy cooperation

Minister of Transport, Communications & High Technologies Ramin Guluzade of Azerbaijan met in Moscow with the leadership of state corporation Rosatom within his visit to Russia

Prices for oil have slumped

Cost of a barrel of Azerbaijani oil grade Azeri Light has decreased by $3.73