Oil price to remain at low level for a long time

Azerbaijan’s economy is likely to switch to a new balance with the beginning of a period of global shocks, pandemics and low oil prices

Oil prices fall after record growth the day before

Oil of standard grades are failing in cost in Friday`s trading after the highest daily growth in the history the day before

MP explains in which case the price of oil can rise

Current oil prices are very low, and the U.S. is negotiating to change that and achieve a repeat increase in prices in the oil market

Oil prices rise, Brent grows up to $26.36 a barrel

Oil prices are rising after falling the day before

Azerbaijan`s Oil Fund earned $100 million from Shah Deniz field for past 3 months

The State Oil Fund of Azerbaijan received $100 million from the sale of gas from Shah Deniz field for the first 3 months of 2020

Azerbaijan`s Oil Fund unveils data on profit from ACG field - over $1 bn

The State Oil Fund of Azerbaijan has published profit on field Azeri-Chirag-Gunashli for the first 3 months of 2020

Goldman Sachs: It`s too late to sign an agreement on oil production cuts

It is very late to sign an agreement on the reduction of oil production, reports Goldman Sachs, one of the leading investment banks in the U.S.

Oil prices fall after worst quarter on record

Oil prices of standard grades are changing a little on Wednesday, ending the first quarter with a record fall

President Ilham Aliyev: Sharp drop in oil prices caused great damage to Azerbaijan

The State Budget of Azerbaijan for 2020 should be revised

Azerbaijan to keep on producing oil in accord with plan for 2020

From 1 April 2020 Azerbaijan will be also free from obligations on oil production cuts

Oil prices recover, crude oil Brent rises up to $23

Benchmark oil prices are rising on Tuesday after their falling to 18-year lows the day before

SOCAR`s announcement about sale of fuel - No restrictions

SOCAR distributed information about fuel sales at gas stations

SOCAR and Equinor Apsheron AS sign a new cooperation agreement

Today, SOCAR president Rovnag Abdullayev has received Fawad Guraishi, the head of Norwegian company Equinor representative office in Azerbaijan

Oil prices fall by 5-6% and Brent by $23.37 a barrel

Oil of standard grades is cheapening in price in the course of Monday’s trading

Oil field Karabakh to allow increasing employment

Discovery of a new oil field in Azerbaijan will allow increasing oil production in the country.

SOCAR president: Karabakh field to make a significant contribution to Azerbaijan`s oil revenues

Oil prices slump in search of bottom, Azeri Light falls by 16%

After Wednesday`s drop, prices of oil of standard grades are rising slightly in Thursday`s trading.

Price of oil Light falls below $25 first time since 2002

The price of a barrel of crude oil Light has fallen below $25 for the first time over the past 18 years

Oil prices keep on falling, Azeri Light fell in cost by $0.20

After falling on Tuesday, oil prices continue their declining in Wednesday`s trading

SOCAR Marine becomes leader in international marine fuel market

Since 2013 SOCAR Marine, operating in the international marine fuel sector, has become the leader of the sector with 600,000 tons of sales in 2019

Oil prices grow after a strong fall, Azeri Light drops by 11%

Prices for oil of standard grades are rising during Tuesday`s trading after their strong fall the day before