Day: December 14, 2025

The US Energy Information Administration (EIA) recently released its forecast for OPEC’s crude oil production in 2026, projecting an average daily output of 33.76 million barrels. While this represents a modest increase from the 2025 projection of 33.64 million barrels, it underscores a broader trend of gradual growth rather than dramatic expansion. For oil-exporting nations like Azerbaijan, these projections are not merely statistics; they are crucial indicators for economic planning, investment strategies, and long-term fiscal stability.

A new regulatory framework for the artificial intelligence industry is set to take effect in South Korea on January 22, Azernews reports, citing Yonhap.

The transaction is expected to close in the first half of 2026, pending regulatory approval and customary closing conditions.

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Artificial intelligence startup OpenEvidence is set to double its valuation to $12 billion, Azernews reports, citing foreign media.