Day: January 3, 2026

The price of Azerbaijan’s Azeri Light crude oil at Italy’s Augusta port, on a CIF basis, fell by $1.59, or 2.42 percent, compared with the previous level, to $64.12 per barrel, Azernews reports.

As of December 1 last year, the volume of loans extended to the trade and services sector by banks and non-bank credit institutions operating in Azerbaijan reached 4.294 billion manats, Azernews reports, citing data from the Central Bank of Azerbaijan (CBA).

The Azerbaijan Trade Unions Confederation (AHIK) is holding a series of festive celebrations in Baku for children in connection with December 31 – World Azerbaijanis Solidarity Day and the New Year.

During the reporting period, loans denominated in the national currency accounted for the overwhelming majority of new lending. New manat-denominated loans totaled 2.428 billion manats, highlighting the continued dominance of the local currency in the country’s credit market.

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