ECONOMY

During trading operations on the ICE London intercontinental exchange, the value of the May 2026 contract for the export of Brent oil increased by 8.93%, reaching 93.44 US dollars per barrel. According to “Elchi”, on the New York “NYMEX” commodity exchange, the price of 1 barrel of WTI crude oil for export in April 2026 […]

Today, there will be an interruption in electricity supply in several areas of Bilasuvar. According to information provided by “Azerishig” to “Elchi”, on March 7, repair and tree pruning works will be carried out on the 10 kV No. 11 overhead line originating from the 110/35/10 kV “Bilasuvar” substation in the area of Bilasuvar Electric […]

The price of Azerbaijani “Azeri Light” (CIF) crude oil has increased in world markets. “Elchi” reports that the price of 1 barrel of Azerbaijani oil increased by 6.72 US dollars or 7.65%, reaching 94.62 US dollars. It should be noted that the previous price of Azerbaijani oil was 87.9 US dollars. It should be recalled […]

A report has been submitted to the International Civil Aviation Organization regarding the attack on Nakhchivan airport. This was reported to “Elchi” by the Ministry of Digital Development and Transport (MDDT). It was noted that on March 5, attacks by unmanned aerial vehicles were carried out from the territory of the Islamic Republic of Iran […]

Passenger transportation between Nakhchivan and Iğdır is carried out by special buses. This was reported to “Elchi” by the Azerbaijan Land Transport Agency (AYNA). As is known, flights at Nakhchivan International Airport have been temporarily suspended. To organize the trips of Azerbaijani citizens from the capital to Nakhchivan and in the opposite direction, flights are […]

The price of Azerbaijani oil of “Azeri Light” brand has increased in the world market. “Elchi” reports that the price of 1 barrel of oil increased by 5.61 US dollars or 6.82% to 87.90 US dollars. It should be noted that the lowest price of “Azeri Light” oil was recorded on April 21, 2020 (15.81 […]

In American stock markets, the Dow Jones index decreased by 1.61% to 47,954.74 points, the S&P 500 index by 0.56% to 6,830.71 points, and the Nasdaq index by 0.26% to 22,784.99 points. According to “Elchi”, in European stock markets, the FTSE 100 index decreased by 1.45% to 10,413.94 points, Germany’s DAX index by 1.61% to […]

In the cryptocurrency market, a decrease in the prices of major assets has been mainly recorded over the last 24 hours. elchi reports, citing “CoinMarketCap”, that Bitcoin’s price has decreased by 2.98% in the last 24 hours and is trading at 70,612 US dollars. The market’s second largest cryptocurrency, Ethereum, has fallen by 2.92% to […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi” reports that on March 6, the exchange rate of the US dollar remained unchanged at 1.7000 manats, and the Turkish lira was 0.0386 manats. In turn, Russia’s 100 rubles depreciated to 2.1629 manats, while the Euro appreciated to 1.9741 manats.