Oil falls in price amid growth of stocks in U.S., and Brent drops to $39.98 a barrel

Oil prices are falling on Thursday amid an increase in the number of new cases of coronavirus infection in several countries, as well as growth in oil reserves in the U.S. for the third week running

Oil refining in Azerbaijan decreased more than by 61 tons

The volume of oil refining in Azerbaijan has been announced.

Export indicators on ACG and Shah Deniz announced

From the moment of commissioning until 1 June 2020 more than 537 million tons of oil (together with condensate) were exported from the Azeri-Chirag-Guneshli and Shah Deniz fields

Oil price falls, Brent is traded at $42.50 a barrel

Price for oil of standard grades declined in Wednesday`s trading after falling the day before

Azerishig suffered a lot of damage - report for 2019

Azerbaijan`s electric supplier Azerishig finished 2019 with net loss of AZN 54.9 million against net profit of AZN 12.9 million for 2018

Oil cheapens after rising the day before, Brent is traded at $43 a barrel

Prices for oil of standard grades declined in trading on Tuesday after rising the day before

Oil prices fall after weekly growth

Prices for oil of standard grades are declining during trading on Monday after a strong increase following the past week

Finance Minister spoke about oil revenues - deficit is expected

In April and May the price of oil was lower than the State Budget oil price of $55 a barrel

Saudi oil exports to U.S. fell 10-fold

The oil exports from Saudi Arabia to the U.S. may fall to the lowest level in the past 35 years

Oil prices rise amid gradual recovery of demand at world market

Oil prices are growing on Friday amid optimism about a gradual rebalancing of supply and demand in the world market

Personnel changes at Azerigaz

Azerbaijan sells most of these products to Russia

Ambassador: German companies show interest in Azerbaijan`s gas processing complex

SOCAR President Rovnag Abdullayev received German Ambassador to Azerbaijan Wolfgang Manig

Oil keeps on falling in price

Prices for oil of standard grades continue to decline

McKinsey&Company to conduct diagnosis of Azerbaijan’s gas supply system

The Azerbaijani Ministry of Energy and McKinsey&Company signed an agreement on detailed diagnostics of Azerbaijan’s gas supply system

Oil prices fall after rising more than by 3% the day before

Prices of standard grades fall on Wednesday after solid growth the day before

Azerbaijan`s crude oil export dropped

For the first 5 months (Jan-May) of 2020 Azerbaijan exported 13.77 million tons of crude oil for $5.7 million

Oil prices change a little, with Brent at $39.75 a barrel

Oil prices are little changing in Tuesday`s trading after rising at the end of the previous session

OPEC Secretary-General: We urge Azerbaijan to enter in our ranks

Oil cheapens, and Brent is at level of $38 a barrel

Oil prices continue decline after a strong fall the day before

Azerbaijan`s head took part in opening of a new substation

The opening of the 110/35/10 KV Akhmedli substation of Azerenerji OJSC has taken place today in Khatayi district of Baku