President held a reception

India and UAE plan to connect both states’ power grids with subsea cable

Cost of oil rises, and Brent is at $87.84 a barrel

Prices for oil of benchmark grades are growing in Friday’s trading.

Shah Deniz production in 2022 exceeded the target

The peak of production on Phase 2 of Shah Deniz gas condensate field, located in the Azerbaijani sector of the Caspian Sea, may be reached in 2023.

Oil price changes in different directions, and Brent is at $86.04 a barrel

Prices for oil of benchmark grades are changing in different ways in Thursday’s trading.

Cost of oil grows, and Brent is at $86.39 a barrel

Prices for oil of benchmark grades are increasing in Wednesday’s trading after falling the day before.

Oil price is stable, and Brent is at $88.16 a barrel

Prices for oil of benchmark grades are changing slightly in Tuesday’s trading.

Oil gets cheaper, and Brent is at $87.34 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading after last week’s growth.

Azerbaijan fulfilled OPEC+ quota in December

The oil production in Azerbaijan reached 548,000 b/d in December 2022

Oil gets cheaper, and Brent is at $83.87 a barrel

Prices for oil of benchmark grades are declining in Thursday’s trading.