  Azeri oil hits record low, drops below $16 a barrel April 22, 2020 - 17:40 AMT PanARMENIAN.Net - Azerbaijani oil price has dropped in world markets, hitting a record low. The price for a barrel of Azeri Light crude oil fell $5.49 to stand at $15.81, local media report. Azeri LT CIF slumped to a record low on April 1 ($16.53), while the all-time high was recorded in July 2008 ($149.66). Azerbaijani Energy Minister Parviz Shahbazov has called on oil producers outside the OPEC+ format to commit themselves to reduce oil production. Shahbazov's press service said the minister had taken part in an unofficial video conference with the participation of several OPEC+ countries.   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
