A barrel of Azeri oil is now cheaper than a bottle of Armenian cognacApril 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. |