18+ hour, 12+ min ago  (573+ words) A fourth earthquake has been recorded in the Caspian Sea today, APA reports. According to the Republican Seismological Service Center, the 3. 1-magnitude tremor occurred at 10: 21 local time at a depth of 25 kilometers. An earthquake has been recorded in the Caspian…...

18+ hour, 25+ min ago  (596+ words) Azerbaijan has exported another batch of oil products to Armenia, APA reports. A total of 22 railcars (1, 298 tons) of diesel fuel have been sent to Armenia. So far, Azerbaijan has exported 6, 312 tons of diesel, 979 tons of AI-92 gasoline, and 2, 955 tons of…...

10+ hour, 57+ min ago  (501+ words) The International Monetary Fund (IMF) has improved its forecast for Azerbaijan's current account surplus for 2026, APA-Economics reports. The IMF set the current account surplus forecast at 9. 7% of GDP for 2026 and 5. 4% for 2027. This is 7. 6 percentage points higher for 2026 and 5 percentage points…...

3+ day, 17+ hour ago  (518+ words) Another batch of petroleum products has been sent from Azerbaijan to Armenia, APA reports. Today, 15 wagons (887 tons) of diesel fuel were dispatched to Armenia. So far, Azerbaijan has supplied Armenia with 6, 312 tons of diesel (including the latest shipment), 979 tons of…...

3+ day, 19+ hour ago  (509+ words) The price of Azerbaijan's "Azeri Light" (CIF) crude oil has decreased on global markets, APA-Economics reports. The price of one barrel of Azerbaijani oil fell by 5. 05 US dollars, or 4. 04%, to 119. 98 US dollars. It should be noted that the previous price…...

4+ day, 10+ hour ago  (570+ words) On April 10, Prime Minister Ali Asadov chaired a meeting of Azerbaijan's Economic Council, APA reports. The agenda included topical issues and challenges raised by entrepreneurs in construction, utility connections, and industry. These issues were prepared by a working group on…...

4+ day, 13+ hour ago  (501+ words) A total of $121. 8 million has been spent under the Azerbaijan'UN Cooperation Framework for 2021'2025, APA-Economics reports. According to the report, the funds were allocated across five priority areas in the country. Specifically, 33. 7 million manats were spent on inclusive growth aimed at…...

4+ day, 17+ hour ago  (523+ words) The total required resources under the UN's new framework document for this year exceed $3, 667, 600, Anna Soave, Head of the UN-Habitat Programme in Azerbaijan, stated at the meeting of the High-Level Joint Steering Committee on the UN Sustainable Development Cooperation Framework,…...

4+ day, 19+ hour ago  (540+ words) Azeri Light (CIF) Azerbaijani oil has increased in price on global markets, APA-Economics reports. The price of one barrel of Azerbaijani oil rose by $4. 59, or 3. 8%, reaching $125. 03. Note that the previous price of Azerbaijani oil stood at $120. 44 per barrel. Recall that…...

4+ day, 20+ hour ago  (690+ words) The Asian Development Bank (ADB) has set its forecast for Azerbaijan's economic growth at 2% for 2026 and 1. 8% for 2027, APA-Economics reports, citing the Bank's report. It was noted that the slowdown in growth compared to the previous year will occur against the…...