Industry

Weekly review of Azerbaijan’s foreign exchange marketW

BAKU, Azerbaijan, The official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan Republic (CBA), remained unchanged this week, Trend reports. The average weighted rate based on the results of the week was 1.7 AZN/1USD. The official exchange rate of the manat against the euro has decreased […]

Sports

Azerbaijan’s Baku to hold F-1 qualifying races

BAKU, Azerbaijan, The Formula 1 Azerbaijan Grand Prix 2022 continues, Trend reports. The third practice session will take place at 15:00-16:00 (GMT+4) on The qualifying races are scheduled to be held at 18:00-19:00 (GMT+4). The six kilometer-long Baku track has three high-speed sections, 20 turns, and top speed of 360 kilometers per hour. As many […]

Miscellaneous

Azerbaijan to allocate payments for disabled veterans of first Karabakh war

BAKU, Azerbaijan, The lump-sum payment in the amount of 120 manat ($70.59) per person, will be allocated for the disabled Azerbaijanis of the first Karabakh war, Chairman of the State Social Protection Fund (SSPF) Himalay Mamishov said, Trend reports. “The lump-sum payment rules have been prepared and submitted to state bodies. Currently, the Fund considers […]

Industry

Azerbaijani oil prices down

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $2.22 on June 10 compared to the previous price, settling at $128.93 per barrel, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan on June 10 […]

Industry

Weekly review of Azerbaijan’s oil market

BAKU, Azerbaijan, Azerbaijani oil prices grew this week, Trend reports. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $129.03 per barrel, having increased by $2.66 (2.1 percent) compared to the previous price. The maximum price for Azeri Light CIF oil amounted to $131.15 per barrel, while the minimum […]