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BNB

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Madrid

Oil Prices Down



Oil prices for 19 July:WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange down by 2.54% to $80.25 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange down by 2.50% to $82.63 per barrel, “Armenpress” reports.Barrel is the unit of measurement of oil volume. One barrel equals to 159.98 liter.New York’s NYMEХ (New York Mercantile Exchange) is a US futures market founded in 1882. It ranks first in oil futures trade. Currently trade is carried out by the exchange’s two divisions, the NYMEX Division and the COMEX Division, the first one designed for trades of oil, gas, platinum, palladium, ethanol, coal, electricity and carbon dioxide emissions, the second one for gold, silver, copper and aluminum.London Intercontinental Exchange (ICE) is a London-based options exchange and a leading operator of global exchanges founded in 1982.
    

    

News

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On November 3, the exchange rates of the dollar, ruble and euro decreased
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An earthquake with a magnitude of 4.8 occurred in Iran
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Important
Garik Karapetyan became the gold medalist of the European Youth Weightlifting Championship
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More News

...

On November 3, the exchange rates of the dollar, ruble and euro decreased

The EU economy is “killed” due to the refusal of Russian energy resources

Russia faces a wave of corporate bankruptcies and defaults

Патрушев поручил чиновникам за две недели остановить рост цен на продукты

Currently, there are more than 10 100 dram notes per 1 resident. RA Central Bank

In 2025, 5.3 billion drams less will be allocated to the Ministry of Health, but its budget has increased by 12.7 billion. Ministry of Arithmetic

Sanctions against Russian oil could threaten the global economy

Unpaid 100 million was paid to the state budget. dram tax

The government allocated about 3 billion drams from the budget to the co-financing of subsidy programs of communities

Le Monde presented the sanctions against Russian oil as a threat to the global economy

The euro's share of global payments falls to its lowest level in 10 years

Switzerland refused to provide loans to Ukraine at the expense of Russian assets

It is predicted that the government's debt will amount to 5,033.3 billion drams at the end of the year. Ananyan

The budget allocated to the RA President's Office will decrease

The exchange rate between the dollar and the euro has decreased

100 million drams were restored to the state budget by the company engaged in wholesale sales

RA Deputy Minister of Finance participated in the 2024 Annual Meetings of the Boards of Governors of the IMF/WB

The growth rate of economic activity in RA continued to slow down in January-September

The Central Bank lowered the refinancing rate by 0.25 percentage points to 7.25 percent.

In 2025, the budget of KGSMN will amount to more than 362 billion. what projects will be implemented?