ECONOMY

Azerbaijani oil of the “Azeri Light” (CIF) brand has become more expensive in world markets. Elchi.az reports that the price of 1 barrel of Azerbaijani oil increased by 0.46 US dollars or 0.63% to 73.35 US dollars. It should be noted that the previous price of Azerbaijani oil was 72.89 US dollars. It should be […]

The price of gold futures per troy ounce (31.1 grams) has decreased in commodity markets. Elchi.az reports with reference to stock exchange data that the price of February 2026 futures for one troy ounce of gold on the New York COMEX commodity exchange decreased by 11.39% to 4,745.10 US dollars. The price of March 2026 […]

During trading operations on the ICE London Intercontinental Exchange, the value of April 2026 contract for Brent oil exports decreased by 0.39% to $69.32 per barrel. According to Elchi.az, the price of 1 barrel of WTI crude oil for export in March 2026 on the New York Mercantile Exchange “NYMEX” also decreased by 0.32% to […]

The value of gold futures for delivery in April 2026 on the Comex exchange has fallen below $4,850 per troy ounce. Elchi.az reports that this is confirmed by the trading platform’s data. At 21:42 Baku time, the price of the precious metal decreased by 8.68% to 4,890 per troy ounce. By 21:47, the price of […]

The Central Bank of Azerbaijan (CBA) will keep the discount rate unchanged at 6.75% at the meeting to be held on February 4. Elchi.az reports that this was stated by the largest financial group in the Netherlands, ING Group. ING noted that although certain prerequisites have been formed for easing monetary policy in Azerbaijan, the […]

In the American stock markets, the Dow Jones index increased by 0.11% to 49,071.56 points, the S&P 500 index by 0.13% to 6,969.01 points, and the Nasdaq index decreased by 0.72% to 23,685.12 points. According to Elchi.az, in the European stock markets, the FTSE 100 index increased by 0.17% to 10,171.76 points, the German DAX […]

The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on January 30, the exchange rate of the US dollar remained unchanged at 1.7000 manats. The Turkish lira decreased to 0.0391 manats, the euro decreased to 2.0272 manats, and 100 Russian rubles increased to 2.2385 manats. 1 US dollar USD 1,7 1 […]

Train traffic has been restored on the Green and Red lines, with intervals maintained. This was reported by Baku Metro CJSC. It was noted that there are no delays. *** 17:50 Today, at around 17:03, a technical malfunction occurred in a train at the Narimanov station of the subway. With the involvement of an auxiliary […]

Today in Tbilisi, relevant agreements were signed between “BTKI Railways” LLC, a joint venture of “Azerbaijan Railways” CJSC (ADY) and “Marabda-Kartsaxi Railway” LLC’s subsidiary companies, and “Georgian Railways” SC in order to ensure the full operation of the Baku-Tbilisi-Kars (BTK) railway line. According to the information provided to Elchi.az from ADY, one of the agreements […]