ECONOMY

NEWS

The price of Azerbaijani oil exceeded 125 dollars

— ECONOMY
Azerbaijani oil of the “Azeri Light” brand has increased in price on the world market. “Elchi” reports that the price of 1 barrel of oil increased by 4.59 US dollars or 3.81%, amounting to 125.03 US dollars. It should be noted that the lowest price for “Azeri Light” oil was recorded on April 21, 2020 […]
NEWS

Gold and silver prices dropped

— ECONOMY
Gold and silver prices have dropped on the New York Stock Exchange. elchi reports that the value of gold futures on the COMEX commodity exchange decreased by 0.71% to 4,784 US dollars. Meanwhile, silver futures per ounce on COMEX fell by 0.72% to 75.88 US dollars.
NEWS

Oil prices rose on stock exchanges

— ECONOMY
Futures for Brent crude oil on London’s ICE exchange have risen to $96.50. “Elchi” reports that the price of Brent crude oil has increased by 0.61%. The price of WTI crude oil futures has increased by 0.44%, reaching $98.30 per barrel.
NEWS

Asian Development Bank has announced Azerbaijan’s economic growth forecast

— ECONOMY
The Asian Development Bank (ADB) has set its economic growth forecast for Azerbaijan at 2% for 2026 and 1.8% for 2027. “Elchi” reports that this was stated in the Bank’s report. It was noted that the slowdown in the growth rate compared to the previous year will occur against the backdrop of declining oil production. […]
NEWS

Railway freight transport increased in March

— ECONOMY, NEWS FEED
In March 2026, Azerbaijan Railways (ADY) transported more than 1.6 million tons of cargo, exceeding the figure for the same period last year by 17 percent. This was reported to “Elchi” by Azerbaijan Railways CJSC (ADY). The volume of transit cargo transported last month, exceeding 690 thousand tons, was 21 percent higher compared to March […]
NEWS

“Euronews”: New models of urban development are being discussed on the eve of the World Urban Forum

— ECONOMY, NEWS FEED, SOCIETY
Within the framework of the 13th session of the World Urban Forum (WUF13), urban development projects are being used to test new approaches to urban planning. “Elchi” reports that this is stated in a Euronews report dedicated to modern trends in sustainable urban development and post-conflict reconstruction processes. The TV channel notes that government representatives […]
NEWS

Today’s currency exchange rates

— ECONOMY
The Central Bank of Azerbaijan has announced today’s currency exchange rates. According to elchi, on April 9, the exchange rate of the US dollar remained unchanged at 1.7000 manats. The euro decreased to 1.9834 manats, while 100 Russian rubles increased to 2.1710 manats, and the Turkish lira rose to 0.0382 manats.
NEWS

Gold and silver prices have fallen in commodity markets

— ECONOMY
The value of futures for one troy ounce (31.1 grams) of gold has decreased in commodity markets. elchi reports, citing exchange data, that the value of June 2026 gold futures per troy ounce on the New York COMEX commodity exchange decreased by 0.76% to 4,741 US dollars. The price of May 2026 silver futures per […]
NEWS

Oil prices rise in global markets

— ECONOMY
Against the backdrop of news regarding a ceasefire between the US and Iran, the value of the June 2026 contract for the export of Brent crude oil increased by 2.32% to 96.95 US dollars per barrel during trading operations on the ICE London intercontinental exchange. According to elchi, the price of 1 barrel of WTI […]