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Oil prices: Azeri Light, Brent and WTI — September 28, 2026
Global oil and gas prices on September 28, 2026: Azerbaijan's Azeri Light grade, Brent, WTI and natural gas.
Azerbaijan currency rates — September 28, 2026
Official CBAR exchange rates to the manat: US dollar, euro, ruble, lira, pound and lari on September 28, 2026.
Bitcoin and crypto prices — September 28, 2026
Prices of major cryptocurrencies on September 28, 2026: bitcoin, ethereum, BNB, Solana and XRP — price and 24h change.
Oil prices: Azeri Light, Brent and WTI — September 27, 2026
Global oil and gas prices on September 27, 2026: Azerbaijan's Azeri Light grade, Brent, WTI and natural gas.
Azerbaijan currency rates — September 27, 2026
Official CBAR exchange rates to the manat: US dollar, euro, ruble, lira, pound and lari on September 27, 2026.
Bitcoin and crypto prices — September 27, 2026
Prices of major cryptocurrencies on September 27, 2026: bitcoin, ethereum, BNB, Solana and XRP — price and 24h change.
Investment grew by 10%: oil and gas and other sectors diverge
Oil and gas investment added 32.4%, non-oil and gas — 1.4%. Most of the money is still outside oil and gas, but the fastest growth is concentrated in it.
Azerbaijan's Deposits: Balance Growth Amid a Decline in the Foreign Currency Share
By the end of July 2026, Azerbaijan's deposit base reached 44,501.1 million manats, while the share of foreign currency deposits declined to 34.7% versus 38.2% a year earlier.
Trump Rejects Iran's Strait of Hormuz Proposal
US President Donald Trump said he rejected an Iranian plan to resume shipping through the Strait of Hormuz.
Russell's Baku Victory Enters Top 10 Closest Finishes in Formula 1 History
George Russell beat Max Verstappen by 0.196 seconds, the closest finish in the championship since 2002.
Azerbaijan's Foreign Ministry Issues Statement on September 27 Remembrance Day
Azerbaijan's Foreign Ministry honored the memory of martyrs of the Patriotic War and outlined measures to restore liberated territories.
Oil prices: Azeri Light, Brent and WTI — September 26, 2026
Global oil and gas prices on September 26, 2026: Azerbaijan's Azeri Light grade, Brent, WTI and natural gas.
Azerbaijan currency rates — September 26, 2026
Official CBAR exchange rates to the manat: US dollar, euro, ruble, lira, pound and lari on September 26, 2026.
Bitcoin and crypto prices — September 26, 2026
Prices of major cryptocurrencies on September 26, 2026: bitcoin, ethereum, BNB, Solana and XRP — price and 24h change.
Why Utility Bills Vary Across Russian Cities
The average utility bill for a family of three in a 52 sq. m apartment is 5,500 rubles, but in Makhachkala it is 2,700, while in the Far North and Far East it reaches 10,600 rubles.
Zangezur Corridor 95% Complete by Road, 75% by Rail
Azerbaijan has completed 95% of the road and 75% of the railway for the Zangezur Corridor. Work is expected to finish in the first half of 2027.
Verstappen Tops Third Practice at Azerbaijan Grand Prix
Red Bull driver Max Verstappen led the final practice session ahead of qualifying. George Russell of Mercedes was fastest in the first two practices.
Gazprom Armenia Resumes Gas Supplies to Armenia After Repairs
Natural gas supplies from Russia to Armenia resumed on September 25 after planned repair work on the North Caucasus–Transcaucasia gas pipeline.
Azerbaijan Signs Cooperation Agreements with UkraineInvest and Microsoft
At the 2nd Azerbaijan International Investment Forum in Baku, documents on cooperation were signed with UkraineInvest and Microsoft Ireland Operations Limited.
US Sees South Caucasus Potential in Trans-Caspian Corridor
US Chargé d'Affaires ad interim in Azerbaijan Amy Carlon said Washington is prioritizing the South Caucasus and sees potential in the Trans-Caspian trade corridor for American business.
California Gasoline Hits Record Highs: Price per Liter Approaches $1.90
Average fuel prices in California rose 2.5–2.6% over the week, significantly exceeding the national average.
Azerbaijan-Oman Fund to Acquire Stake in Azer-Turk Bank
The Azerbaijan-Oman Direct Investment Fund will become a shareholder in the state-owned Azer-Turk Bank. The agreement was signed at the 2nd Azerbaijan International Investment Forum in Baku.
Azerbaijan's Banking Sector Assets Up 12.2%
As of September 1, the assets of Azerbaijani banks reached 62.5 billion manats, up 12.2% year-on-year. The loan portfolio and deposits also showed growth.
Azerbaijan's Banking Sector Profit Rises 22.65%
In January-August 2026, the net profit of Azerbaijan's banking sector reached 949.7 million manats, up 22.65% year-on-year.
Overdue Loans in Azerbaijan Up 36% Year-on-Year
As of September 1, 2026, overdue loans in Azerbaijan totaled 721.8 million manats, up 36% from a year earlier. Since the start of the year, the increase was 37.6%.
SOCAR and Comstock Resources Agree on Strategic Partnership
SOCAR President Rovshan Najaf announced a meeting with Comstock Resources leadership and the signing of a letter of intent on strategic partnership.
Azerbaijan Sees Card Growth Resume After Card-to-Card Limit
By the end of August, the country had 22,974,000 payment cards, up 0.8% from July. However, cashless transaction volume fell 8.5%.
Georgia's National Bank Bought $555.6 Million on Bmatch in August
The country's international reserves reached $8.14 billion by the end of August. For January–August, the National Bank's net currency purchases on the Bmatch platform amounted to $3.122 billion.
Oil in Azerbaijan's exports: the largest item, but not the entire export
For January–August 2026, the customs value of oil exports is 9281.9 million dollars, gas is 5710.9 million, total exports are 21815.0 million: oil is the largest item, but not the entire export.
Azerbaijan's Mortgage and Credit Guarantee Fund cuts lending by 13.7%
In January–August 2024, Azerbaijan's Mortgage and Credit Guarantee Fund issued 262.9 million manats in loans, down 13.7% year-on-year. Refinanced loan volumes also declined.
Delegations Walk Out During Netanyahu's UN General Assembly Speech
During Israeli Prime Minister Benjamin Netanyahu's address to the UN General Assembly, delegations from several countries left the hall. Netanyahu rejected genocide accusations and criticized New York Mayor Zohran Mamdani.
Oil prices: Azeri Light, Brent and WTI — September 25, 2026
Global oil and gas prices on September 25, 2026: Azerbaijan's Azeri Light grade, Brent, WTI and natural gas.
Azerbaijan currency rates — September 25, 2026
Official CBAR exchange rates to the manat: US dollar, euro, ruble, lira, pound and lari on September 25, 2026.
Bitcoin and crypto prices — September 25, 2026
Prices of major cryptocurrencies on September 25, 2026: bitcoin, ethereum, BNB, Solana and XRP — price and 24h change.
Deposit Dollarization in Azerbaijan: Share Declines Against a Growing Base
At the end of July 2026, the share of foreign currency deposits was 34.715% with a total base of 44,501.149 million manats: the structure of the stock shifted, but the cause cannot be derived from these data.
Gas and oil: export value in different units of measurement
For January–August 2026, gas exports brought 5.71 billion dollars, oil exports — 9.28 billion. We break down what this means for business.
Second Azerbaijan International Investment Forum kicks off in Baku on September 25
The forum will take place on September 25–26 under the patronage of President Ilham Aliyev. It is organized by the Ministry of Economy and AZPROMO. Documents are expected to be signed across several sectors.
Azerbaijan's Cabinet Approves 2027 Budget Drafts
Azerbaijan's government has approved the draft state and consolidated budgets for 2027, as well as consolidated budget targets for the following three years.
AzerGold to Launch Two Gold Projects in Azerbaijan
The Soyudlu and Ortakend projects will add about 1.28 million ounces of gold reserves. Launch is planned for 2028 and 2029.
Saudi Aramco Plans to Restore Oil Refining Within Days
Saudi Aramco CEO Amin Nasser announced plans to restore interrupted refining operations within days and create alternative export routes.
Rodin Motorsport Drivers Take Top Two in Second F2 Qualifying at Azerbaijan Grand Prix
Martinus Stenshorne set the fastest time, with teammate Alex Dunne second. Rafael Camara of Invicta Racing was third.
Alex Dunne Wins First Formula 2 Qualifying in Baku
Rodin Motorsport driver Alex Dunne set the fastest time in the first Formula 2 qualifying session for the Azerbaijan Grand Prix. His teammate Martinius Stenshorne was second, and Noel Leon of Campos Racing was third.
Azerbaijan's Insurance Market Grows 6.4% in Eight Months
In January-August 2026, Azerbaijani insurance companies collected 1.116 billion manats in premiums, with payouts rising 28.1%.
Aliyev Meets 01.AI and Sinovation Ventures Head Kai-Fu Lee
Azerbaijan's President Ilham Aliyev discussed AI applications and investments with Kai-Fu Lee and a TEHA Group representative ahead of the Second Azerbaijan International Investment Forum.
Birbank Launches Loan Campaign for Education Workers
The country's first digital bank, Birbank, has launched a special campaign for education workers. Under the campaign, which will run until 31 October 2026, they can take out a cash loan with a discount of up to 7%.
Surety Marine Assesses Insurance Opportunities on the Middle Corridor
International insurance company Surety Marine is evaluating opportunities to cooperate with Azerbaijani insurers, brokers and logistics operators on the Middle Corridor. Company head Kirill Patyrykin noted a sharp rise in war risk rates — from 0.1–0.2% to more than 20% per year.
Oil prices: Azeri Light, Brent and WTI — September 24, 2026
Global oil and gas prices on September 24, 2026: Azerbaijan's Azeri Light grade, Brent, WTI and natural gas.
Azerbaijan currency rates — September 24, 2026
Official CBAR exchange rates to the manat: US dollar, euro, ruble, lira, pound and lari on September 24, 2026.
Bitcoin and crypto prices — September 24, 2026
Prices of major cryptocurrencies on September 24, 2026: bitcoin, ethereum, BNB, Solana and XRP — price and 24h change.
Surplus on Two Positions: What Azerbaijan's Customs Total Shows
For January–August 2026, Azerbaijan's positive foreign trade balance rests on two commodity positions, each of which is comparable in magnitude to total imports.
Azerbaijan Raises Export Duty on Screws, Bolts and Nuts
Azerbaijan's Cabinet of Ministers has increased the customs duty on exports of screws, bolts and nuts from $15 to $300 per tonne by the end of 2029.
Azerbaijan to Auction 13 Non-Residential Properties
Azerbaijan's State Housing Construction Agency will sell 13 non-residential properties in the Yasamal and Govsan residential complexes. The auction will be conducted by the Auction Organization Center under the Ministry of Economy.
BİM Establishes Dost Participation Bank with 10 Billion Lira Capital
Turkish retailer BİM has completed the establishment of Dost Katılım Bankası A.Ş. with a registered capital of 10 billion Turkish lira and has applied to the BDDK for an operating license.
Oil and Gas in Exports: Two Lines, Two Dimensions
For January–August 2026, customs valued oil exports at 9281.9 million dollars and gas at 5710.9 million, with total exports of 21815.04 million US dollars.
Leclerc Hopes for Strong Result at Azerbaijan Grand Prix
Ferrari driver Charles Leclerc aims to convert his strong qualifying performances in Baku into a solid race result at the Azerbaijan Grand Prix.
USACC Discusses Middle Corridor Development with World Bank
The American-Azerbaijani Chamber of Commerce held a roundtable with World Bank Regional Director for the South Caucasus Rolande Pryce. Participants discussed investment and operational measures to improve the route's reliability and capacity.
Mastercard: Baku Race Nearly Tripled Tourist Spending on Dining
A Mastercard Economics Institute analysis shows that a major international racing event in Baku in 2025 significantly boosted foreign visitors' spending on dining and retail.
CBA 28-day note yield rose to 6.56% with sterilization volume of 1,802.5 million manats
The auction on September 16, 2026 gave 6.56% versus 6.26% a week earlier and 5.63% at the end of July — the price of short liquidity in manats is again higher than in mid-summer.
Azerbaijan's Cash Currency Demand Exceeds Supply by $673 Million
The Central Bank of Azerbaijan reported that in January-August 2026, cash foreign currency purchases exceeded sales by $673 million. The regulator's foreign exchange reserves grew by 32.9% to $15.3 billion.
Azerbaijan's Remittance Balance Up 74.1%
In January–August 2026, Azerbaijan's remittance balance reached $751 million, up 74.1% year-on-year. The Central Bank of Azerbaijan (CBA) may raise its current account surplus forecast.
Azerbaijan Boosts Revenue from Privatization and State Property Lease by 20.2%
In January–August 2026, Azerbaijan's state budget received 152.5 million manats from privatization and lease of state property, up 20.2% year-on-year.
Azerbaijan's Central Bank Moves Rate Decision to October 29
Azerbaijan's Central Bank will announce its interest rate corridor decision on October 29 instead of November 4. The press conference has also been rescheduled.
Azerbaijan's Central Bank Keeps Policy Rate at 6.5%
The Central Bank of Azerbaijan left its policy rate unchanged at 6.5%, lowering the lower bound of the interest rate corridor to 5% while keeping the upper bound at 7.5%.
Azerbaijan and OpenAI Sign Three-Year Memorandum on AI in Education
Azerbaijan's Ministry of Science and Education and OpenAI have signed a three-year memorandum to expand the use of artificial intelligence in schools. The document was signed by Minister Emin Amrullayev and OpenAI's Vice President of Education Leah Belsky in New York.
Aliyev Approves State Program for Metallurgy Development for 2027-2030
President of Azerbaijan Ilham Aliyev signed a decree approving the State Program for the Development of the Mining and Metallurgical Industry for 2027-2030.
ADB cuts Azerbaijan's 2026 GDP growth forecast to 1.6%
The Asian Development Bank lowered its forecast for Azerbaijan's economic growth in 2026 from 2% to 1.6%, keeping its 2027 estimate at 1.8%.
Oil prices: Azeri Light, Brent and WTI — September 23, 2026
Global oil and gas prices on September 23, 2026: Azerbaijan's Azeri Light grade, Brent, WTI and natural gas.
Azerbaijan currency rates — September 23, 2026
Official CBAR exchange rates to the manat: US dollar, euro, ruble, lira, pound and lari on September 23, 2026.
Bitcoin and crypto prices — September 23, 2026
Prices of major cryptocurrencies on September 23, 2026: bitcoin, ethereum, BNB, Solana and XRP — price and 24h change.
Non-oil and gas industry is growing faster than the entire non-oil economy
Industrial output added 5.4%, non-oil and gas GDP — 2.1%, investment — 1.4%. Why three positive indicators do not mean an equally broad upturn.
Blogger Finds QLC Memory in Top-Tier iPhone 18 Pro Max
A Bilibili blogger tested the 1TB iPhone 18 Pro Max and discovered it uses slower QLC chips instead of TLC. Write speeds drop to 79.4 MB/s when the cache is exhausted.
BYD Launches Fang Cheng Bao Formula S and Formula S GT Electric Vehicles in China
BYD has introduced two new models under its Fang Cheng Bao brand in China: the Formula S liftback and the Formula S GT sporty hatchback. Prices start at $27,900 and $32,000 respectively.
Central Bank Plans to Open Digital Ruble Accounts for Teenagers from Age 14
Digital ruble accounts are currently available to citizens aged 18 and over. The regulator is working to expand the age category to teenagers aged 14 to 18.
OnePlus 15 Outperforms iPhone 18 Pro Max in Battery Life Test by TechDroider
TechDroider tested the battery life of six current flagship smartphones. The OnePlus 15 came out on top, while the new iPhone 18 Pro Max took second place.
IRGC Says Fighting Continues in Strait of Hormuz
Iran's Islamic Revolutionary Guard Corps says battles between US and Iranian forces in the Strait of Hormuz are ongoing and the strait remains closed.
Azerbaijan Suspends Iranian Airline Flights from September 22, 2026
AZAL has announced the suspension of flights by Iranian airlines to Azerbaijan due to a new US sanctions package targeting Iran's aviation sector.
AZIR below the policy rate: what this means for short-term funding
The upper bound of the CBA corridor is 7.5%, the policy rate is 6.5%, and the one-day interbank AZIR rate had fallen to 5.8077% by September 17, 2026.
Euro weakens against the manat, dollar unchanged: what this means for the contract currency
Over the month, the official EUR/AZN rate fell from 1.9877 to 1.9507 manats, while USD/AZN on the same dates remained 1.7 — the movement came through the euro, not through the manat against the dollar.
Azerbaijan's economy grows by 1.2% — industries move in different directions
Rapid growth in communications and transport coexists with a decline in construction. Overall GDP hides different conditions for business, and industry percentages cannot be added together.
Credit More Expensive Than Deposits: What the Rate Gap in Manats Shows
The average manat rate on loans in August 2026 was 15.74%, on deposits — 9.12%. The gap persists, but by itself it proves neither a rise in funding costs nor an increase in margin.
Oil prices: Azeri Light, Brent and WTI — September 22, 2026
Global oil and gas prices on September 22, 2026: Azerbaijan's Azeri Light grade, Brent, WTI and natural gas.
Azerbaijan currency rates — September 22, 2026
Official CBAR exchange rates to the manat: US dollar, euro, ruble, lira, pound and lari on September 22, 2026.
Bitcoin and crypto prices — September 22, 2026
Prices of major cryptocurrencies on September 22, 2026: bitcoin, ethereum, BNB, Solana and XRP — price and 24h change.
Azerbaijan's Reserves: Why $90.8 Billion Is Not Only a CBA Indicator
The country's strategic reserves and the CBA's foreign exchange reserves have different coverage. We examine what a large stock says about the buffer — and what it does not promise business.
Uzbekistan Explores Participation in Nakhchivan Railway Construction
Uzbekistan is considering participation in the construction of the Nakhchivan railway to gain access to Turkish ports in Samsun and Istanbul, the presidential press service said following a meeting chaired by Shavkat Mirziyoyev.
Azerbaijan's Mortgage Fund Issues Loans Worth 4.09 Billion Manats
The Mortgage and Credit Guarantee Fund has issued loans totaling 4 billion 91.682 million manats to 60,016 borrowers. Additionally, 10,092 apartments have been sold through lease.
Irish Regulator Fines Google €403 Million
Ireland's Data Protection Commission (DPC) has fined Google €403 million for violations in processing user location data.
New Air Traffic Control Failure Disrupts UK Airports
A failure at NATS' Scottish centre led to delays at Manchester, Glasgow and Belfast airports. London Gatwick and London City warned of possible disruption.
Azerbaijan Increases Imports of Georgian Products by 14.2%
In January-August, Azerbaijan imported $124.242 million worth of Georgian-made goods, up 14.2% year-on-year. Azerbaijan accounted for 3.8% of Georgia's exports of local products.
Deposit rate in manats: August pullback amid annual growth
The average manat deposit rate in August 2026 declined from July but remained above last year's level — this changes not the direction, but the sensitivity of the cost of funding.
CBA notes in circulation rose noticeably, while money market rates behaved differently
The outstanding balance of CBA notes in circulation rose from 483.8 million manats in June to 1802.5 million manats in September, while note yields and the interbank rate moved unevenly.
A surplus on two positions: what lies behind Azerbaijan's balance
The customs balance for January–August 2026 rests on oil and gas, whose value exceeds all imports — this narrows the base of the surplus.
Iranian Airlines Suspend Flights to Georgia Over US Sanctions
From September 21, Iranian carriers blacklisted by OFAC stopped operating flights to Georgia. Georgia's Civil Aviation Agency said it fully complies with the sanctions regime.
X Adds Azerbaijani Language for Privacy Violation Complaints
Social network X (Twitter) has expanded language support for privacy violation reports by adding Azerbaijani to its Help Center.
Azerbaijan to Raise Income Tax Rates from January 1
New personal income tax rates on salaries come into force in Azerbaijan on January 1. For incomes up to 2,500 manats, the rate will be 5%, with a progressive scale for higher incomes.
Azerbaijan's Money Supply: Broad Aggregate Grows More Slowly Than Narrow One
M3 at the end of July 2026 was 53,925.49 million manats, 13.1% more than a year earlier. Over the same year M2 added 19.6%, and this changes the meaning of the observation.
CBA Rate Unchanged, But Monetary Policy Is Not Standing Still
Behind the 6.5% rate lies a balance between inflation risks and excess foreign exchange supply. Why CBA operations are no less important for understanding money market conditions.
Azerbaijan's Central Bank to Announce Interest Rate Corridor Parameters on September 23
The Central Bank of Azerbaijan has announced that its next decision on the interest rate corridor will be published on September 23. Decisions will be based on inflation forecasts, macroeconomic scenarios and the situation in the foreign exchange market.
Oil prices: Azeri Light, Brent and WTI — September 21, 2026
Global oil and gas prices on September 21, 2026: Azerbaijan's Azeri Light grade, Brent, WTI and natural gas.