London: The International Energy Agency (IEA) has significantly revised its forecast for global oil production growth in 2026, lowering its expectations by more than half.

Baku: The European Union must diversify supply chains to reduce global economic risks, former President of the European Council and former Prime Minister of Belgium

Baku: In January-February 2026, Azerbaijan’s gross domestic product (GDP) reached 18 billion 473.1 million manats, APA-Economics reports, citing the State Statistical Committee. This represents a

London: A sustained rise in global oil prices to approximately $140 per barrel over a two-month period could potentially push parts of the world economy

Oil markets: The oil market is currently facing unprecedented challenges, according to the International Energy Agency (IEA). IEA’s Executive Director Fatih Birol has emphasized the

Baku: The price of Azerbaijani oil, known as ‘Azeri Light’ (CIF), has seen a significant increase on world markets.

According to Azeri-Press News Agency,

New york: A decrease has mainly been observed in the prices of major assets in the cryptocurrency market over the past 24 hours, APA-Economics reports,

Baku: During trading operations on the ICE London intercontinental exchange: the price of the May 2026 contract for Brent crude oil exports increased by 8.94%