2025-11-13 18:59 |
Global liquid fuels production is projected to rise in 2025 and 2026, driven primarily by Brazil, the United States, Guyana, and Canada, the U.S. Energy Information Administration (EIA) said in its latest outlook.
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Global oil reserves have reached their highest level since early 2021, with many held by OECD countries. In response to supply disruptions, IEA members agreed to release emergency stocks. The long-term impact on the market depends on geopolitical developments and shipping security. trend.az »
2026-03-13 00:14
The Middle East will remain the world’s largest oil exporter through 2050, while global oil trade shifts increasingly toward Asia, the International Energy Agency (IEA) said in its latest outlook. trend.az »
2025-11-15 19:45
Global oil inventories increased for the sixth consecutive month in July, climbing by 26.5 million barrels (mb) and bringing total builds since the start of 2025 to 187 mb, the International Energy Agency (IEA) reported. trend.az »
2025-09-13 20:05
Global oil demand is expected to rise by just 700,000 barrels per day (kb/d) in 2025, marking the slowest annual growth since 2009, excluding the pandemic-hit year of 2020, according to the latest Oil Market Report from the International Energy Agency (IEA). trend.az »
2025-07-12 13:35
Azerbaijan reports increased budget savings through e-procurement, reflecting improved efficiency in public spending and financial management.
Turkmennebit State Concern fulfilled its oil production plan in the first quarter of 2026, driven by large-scale well restoration works in the Balkan Region.
Azerbaijan’s sugar exports surged more than fourfold in early 2026, driven by rising production and expanding non-oil trade contributions.
The Business Development Bank of Uzbekistan reported a decline in net profit in the first quarter of 2026, while continuing to show improvement in key financial indicators.
As of April 1, 2026, Azerbaijan's Karabakh and East Zangezur regions have experienced growth in business activity. The number of business entities and individual entrepreneurs has increased compared to the previous year.
Azerbaijan's cotton exports and imports saw growth in the first quarter of 2026. Exports increased both in value and volume compared to the same period last year. Meanwhile, cotton imports also rose significantly during the same period.
Uzbek citizens’ travel to Saudi Arabia continued to grow in early 2026, with tourism remaining the main driver behind the rising outbound flow alongside family visits and other purposes.