  A barrel of Azeri oil is now cheaper than a bottle of Armenian cognac April 2, 2020 - 12:50 AMT PanARMENIAN.Net - Azerbaijani oil prices have noticeably fallen recently, which means a barrel of crude oil is now cheaper than a bottle of Armenian brandy. According to director of the Center for Oil Studies at Caspian Barrel Ilham Shaban, a barrel of Azerbaijani oil is now worth $16.43. A liter of 7-year-old Armenian cognac, meanwhile, costs some $20. Azeri LT CIF oil was the cheapest in December 2001 when a barrel was worth $19.15, while the cost had jumped to $149.66 in July 2008.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Cyprus parliament honors Armenian genocide victims  Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed.Azerbaijan razes historic Armenian church to ground Azerbaijan has demolished the historic Armenian Church of St. John the Baptist (known as Kanach Zham).Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills |
