The price of a barrel of Brent North Sea oil for the first time since July 2009 has fallen below $ 63. Analysts called the drop in oil prices one of the main reasons for the decline of the ruble.
During today's trading on the ICE Futures Exchange, Brent futures price for delivery in January 2015 fell to $ 62.93 per barrel, which is 1% lower than yesterday's auction and the lowest level since July 17, 2009. The cost of January futures WTI crude oil fell to $ 58.86 barrel today.
On Friday, the OPEC oil basket price fell another 1.4% and for the first time in more than five years it dropped to the level of $ 60 per barrel.
During today's trading on the Moscow Exchange the value of the dollar and the euro set a new historical record. The euro rose to 71.35 rubles, while the dollar rose to 58 rubles. -02D-
Economics
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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Данная инициатива направлена на цифровизацию процессов управления в сфере безопасности пищевых продуктов в Азербайджане, создание более эффективной и прозрачной системы за счет применения современных технологий.
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Azerbaijan’s President Ilham Aliyev has signed a decree confirming an agreement between the governments of Azerbaijan and Russia aimed at boosting transit cargo shipments along the "North-South" international transport corridor.
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