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Armenian Aggression

Azerbaijani oil prices rise

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The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, rose by 23 cents on Dec.29 compared to the previous price, making up $51.2 per barrel, Trend reports with reference to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $50.62 per barrel on Dec.29, which is also by 23 cents more compared to the previous price.

Azerbaijan has been producing Azeri LT since 1997 and exporting it via the Baku-Tbilisi-Ceyhan (BTC) and Baku-Supsa Western Export Pipeline, as well as by rail to the Georgian port of Batumi.

Azerbaijan also sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk pipeline.

The price of URALS with shipment from the port amounted to $40.87 per barrel on Dec.29, having dropped by $7.4 compared to the previous price.

The cost of a barrel of Brent Dated oil, produced in the North Sea, made up $50.66 per barrel, increasing by 26 cents compared to the previous price.

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Armenian Aggression

Ensuring security in Karabakh our top priority – Turkish president

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By liberating its lands in Karabakh, Azerbaijan opened up new opportunities in the region, Trend reports, Turkish President Recep Tayyip Erdogan said, Trend reports.

Erdogan made the remark at the 14th summit of leaders of the Economic Cooperation Organization (ECO).

"The main priority for us is to ensure security in Karabakh. For this we will do our best," the Turkish president said.

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Armenian Aggression

Azerbaijan expects creating new broadcasting opportunities for Internet TV, radio channels

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New broadcasting opportunities for Internet TV and radio channels can be created in Azerbaijan, Head of the Office of the National Council for Television and Radio (NCTR) Fazil Novruzov said in an interview with the local Real TV channel, Trend reports on Mar.4.

According to Novruzov, in this regard broadcasters of the Internet TV and radio channels apply to the NCTR.

“There are technical possibilities, but there are gaps from a legal point of view. We made the proposals that broadcasters of Internet TV and radio channels, after undergoing simplified procedures, would be entered into the relevant register and would be able to broadcast on other platforms, for example, in the cable network, on the IP or OTP platforms. This will help expand their audience," he added.

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Armenian Aggression

Prices for precious metals in Azerbaijan decline

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Prices for precious metals in Azerbaijan on March 4 have decreased compared to previous indicators, Trend reports citing data from the Central Bank of Azerbaijan.

Thus, an ounce of gold fell by 37.9185 manat or $22.3 (1.29 percent), amounting to 2,911.3095 manat or $1,712, and an ounce of silver – by 0.9539 manat or 56 cents (2.1 percent), amounting to 44.3974 manat or $26.1. The price per ounce of platinum decreased by 69.1645 manat or $40.68 (3.38 percent) and amounted to 1,974.21 manat or $1,161, and per ounce of palladium – by 23.5025 manat or $13.8 (0.58 percent), amounting to 4,008.8975 manat or $2,358.

Over the month, the price of an ounce of gold decreased by 187.3825 manat or $1,102 (6 percent), and an ounce of silver – by 0.6726 manat or $39 cents (1.5 percent). The price per ounce of platinum rose by 129.948 manat or $76.4 (7 percent), and per ounce of palladium – by 174.9385 manat or $102.9 (4.6 percent).

Over the year, gold rose by 117.7335 manat or $69.2 (4.2 percent), silver – by 15.0705 manat or $8.86 (51.4 percent), platinum – by 464.27 manat or $273.1 (30.7 percent), and palladium fell by 2,216.035 manat or $1,303 (5.2 percent).

Date:

Gold

(XAU)

Silver

(XAG)

Platinum

(XPT)

Palladium

(XPD)

Mar.4, 2021

2,911.3095

44.3974

1,974.21

4,008.8975

Mar.3, 2021

2,949.228

45.3513

2,043.3745

4,032.4

Feb.4, 2021

3,098.692

45.07

1,844.262

3,833.959

Mar.4, 2020

2,793.576

29.3269

1,509.94

4,230.501

Change in a day

in man.

-37.9185

-0.9539

-69.1645

-23.5025

in %

-1.29

-2.1

-3.38

-0.58

Change in a month

in man.

-187.3825

-0.6726

129.948

174.9385

in %

-6

-1.5

7

4.6

Change in a year

in man.

117.7335

15.0705

464.27

-221.6035

in %

4.2

51.4

30.7

-5.2

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