2026-2-17 08:26 |
The largest importers of Azerbaijani oil in January 2026 have been identified. Italy remained the leading buyer, followed by Romania and Portugal. Overall, Azerbaijan’s crude oil and petroleum product exports saw mixed year-on-year dynamics during the reporting month.
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In January, Azerbaijan's export landscape was predominantly influenced by Italy, which secured the most substantial portion of the total exports. trend.az »
2026-03-19 00:57
The Great Return program in Azerbaijan has significantly advanced resettlement efforts in the liberated territories, supporting both housing and employment opportunities for thousands of families. trend.az »
2026-03-13 17:57
The latest trends in Azerbaijan's mobile device market reflect a shift in brand dominance, with fluctuations in market share signaling changing consumer preferences and competitive dynamics. trend.az »
2026-03-05 02:54
The Baku Stock Exchange (BSE) has revealed the January 2026 turnover rankings of investment companies. ABB Invest Company CJSC led the rankings, followed by PASHA Kapital and Assist Finance. The BSE publishes these rankings monthly, based on various financial transactions. trend.az »
2026-02-03 16:10
Aztelekom has successfully expanded telecommunications services to multiple liberated settlements in Azerbaijan, advancing the country’s digital infrastructure and connectivity efforts in the region as part of the broader "Great Return" initiative. trend.az »
2026-02-03 14:55
In January, Facebook held the crown as the go-to social network for users in Azerbaijan. trend.az »
2026-02-02 17:57
Azerbaijan’s insurance companies paid out roughly 773 million manat in the first nine months of the year, marking an increase of about 150 million manat from the previous year. trend.az »
2025-11-27 18:09
Azerbaijan exported over 6,400 tons of AI-92 motor gasoline to Afghanistan, Georgia, and T trend.az »
2025-11-14 18:53
The forecasted steady increase in Europe's oil and liquid hydrocarbon production reflects both a stable supply outlook and the region's ongoing reliance on energy sources to meet growing demand through 2027.
Global oil production is set to fall 1.3 million barrels per day in 2026 but is projected to rebound in 2027, the EIA reports.
Oil production in OECD countries is expected to rise in the coming years, with quarterly variations throughout 2026. Non-OECD nations will also see an increase in output. Both regions are projected to maintain higher production levels into 2027.
The U.S. Energy Information Administration (EIA) has released its forecast for oil and other liquid hydrocarbon production in the Middle East.
The report highlights a sharp shift in global oil market dynamics tied to the ongoing Iran conflict. Before the escalation, the EIA said it viewed the market as oversupplied, with inventories rising quickly and prices trending downward.
Brent crude oil prices peaked in March and are expected to rise further in mid-2026 before gradually declining. The outlook is shaped by ongoing production disruptions and the uncertainty surrounding the Middle East conflict. Prices are projected to decrease over the following years.
A new substation will be built in Azerbaijan's Absheron district, as reported by Trend. Azerishig OJSC has already started preparations for the project. The upcoming work will involve constructing a 35/6 kV substation to replace the existing distribution unit in Novkhani settlement.