Azerbaijani oil price soars again on markets
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Azerbaijani oil price soars again on markets

Price of the Azerbaijani Azeri LT CIF crude, put for sale on world markets went up by $ 0,16 or 0,24%. Report informs, price of oil brand Azeri…

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US economic indicators not justify forecasts
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US economic indicators not justify forecasts

A number of key economic indicators for October have been announced in the U.S. Report informs, although the unemployment rate exceeded the forecast, other indicators were weak. Thus,…

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A new leasing company established in Azerbaijan
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A new leasing company established in Azerbaijan

Ministry of Taxes has registered Premier Leasing LLC. Report informs citing the Vergilər (Taxes) newspaper. According to information, legal address of the company is apartment 52, house 3/1,…

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Azerbaijani oil price gets close to $ 60 a barrel
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Azerbaijani oil price gets close to $ 60 a barrel

Price of the Azerbaijani Azeri LT CIF crude, put for sale on world markets went up by $ 0,63 or 1,07%. Report informs, price of oil brand Azeri…

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IBA liabilities decline by 50.5 percent
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IBA liabilities decline by 50.5 percent

International Bank of Azerbaijan’s profit in January-September 2017 amounted to AZN 469,898. Bank says the assets dropped 49.93% to AZN 7,106,530,000, loan portfolio slid 56.83% to AZN 2,271,421,000,…

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Bloomberg: OPEC members mull extension of output cut deal
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Bloomberg: OPEC members mull extension of output cut deal

The Organization of the Petroleum Exporting Countries (OPEC) members discuss extension of the production cut deal by late 2018. Report informs, the Bloomberg has stated. The statement says…

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Forecast: Serious strengthening of US-dollar is expected
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Forecast: Serious strengthening of US-dollar is expected

Law on tax reform proposed by the US President Donald Trump during pre election campaign is expected to be submitted to Congress for voting in coming days. Analytical…

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EBRD approves loan for TANAP
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EBRD approves loan for TANAP

The Southern Gas Corridor (SGC) and European Bank for Reconstruction and Development (EBRD) have today signed an agreement to earmark loan for TANAP. According to Ministry of Finance,…

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Energy Minister: Azerbaijan takes all its commitments seriously
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Energy Minister: Azerbaijan takes all its commitments seriously

Azerbaijan takes all its commitments seriously, including before OPEC. Report informs, newly appointed Energy Minister of Azerbaijan, Parviz Shahbazov said. Shahbazov stated that OPEC will hold ministerial meeting…

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Cotton processing in Azerbaijan will reach 400,000 tons
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Cotton processing in Azerbaijan will reach 400,000 tons

The implementation of the objective set for development of cotton industry in Azerbaijan will allow to increase the cotton processing in the country to 400,000 tons. Report informs,…

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