Day: December 18, 2025

The State Oil Company of Azerbaijan (SOCAR) is considering participation as an investor in the construction of a major oil pipeline in Pakistan, Pakistan’s Minister of Finance and Revenue Muhammad Aurangzeb has said, Azernews reports.

“Rules for granting permits for the use of water bodies for special purposes” have been approved in Azerbaijan, Azernews reports.

Ramiz Mehdiyev News In Audio
#RamizMehdiyev #SouthCaucasus #Azerbaijan

x.com/mikenov/status…
x.com/mikenov/status…

— Michael Novakhov (@mikenov) Dec 18, 2025

The producer price index (PPI) measures changes in prices at the production level and provides early insight into inflationary pressures before they appear in consumer prices. A sustained decline in producer prices can signal easing cost pressures for industry and may eventually support lower consumer inflation.

Among industrial subsectors, the oil and gas industry saw the largest contraction, with producer prices down by…