Bond.az White LogoBond.az Black Logo

Engine oils sharply rise in price

Engine oils sharply rise in price. Tensions in the Middle East and transport difficulties drive prices up by 30%.

Robert Moore
ByRobert Moore- Senior Editor
|
0

Due to events in the Middle East, prices that initially rose by up to 20% have now increased by another 30%.

Oxu.Az reports, citing Khazar TV, that this concerns imported automotive engine oils.

These oils have sharply risen in price again. In the market, price increases for some products already reach 30%. Experts say that events in the Middle East and difficulties in international transportation directly affect prices.

Expert Aftil Aliyev says that the price increase is observed not only in European products, but also in Russian-made engine oils.

The expert notes that if the situation in the region does not stabilize, further price increases cannot be ruled out in the coming months.

More News
Today / 06:31
|
891

Cyberattacks on Intelligence Agencies to Remain Secret

Cyberattacks on intelligence agencies will remain secret under a new bill centralizing cybersecurity information for critical systems.

0
Today / 06:01
|
614

Azerbaijan oil price drops to $79.76

Azerbaijan oil price drops: "Azeri Light" crude falls to $79.76 per barrel.

0
Yesterday / 17:01
|
373

SOCAR launches innovation competition

SOCAR launches innovation competition on smart urban planning. Students, startups, and researchers can apply for a 6-week mentorship program.

0
Yesterday / 10:31
|
415

Oil prices drop: Brent $77.56, WTI $73.73

Latest oil prices on global exchanges: Brent at $77.56, WTI at $73.73, down.

0
Yesterday / 10:00
|
481

SpaceX shares drop $400 billion in one day

Elon Musk's SpaceX shares lost $400 billion in value in one day. Stock price fell to $154.6.

0
Yesterday / 07:32
|
372

Sustainable agricultural development base formed

Presidential aide Shahmar Movsumov announced the formation of a base for sustainable agricultural development in Azerbaijan.

0
Yesterday / 07:31
|
863

Fines for false seed info expanded

Fines for false information in seed activities expanded. New draft law sets penalties for individuals, officials, and legal entities.

0
Yesterday / 07:31
|
925

New bill on agricultural land consolidation in Azerbaijan

Azerbaijan's Milli Majlis discusses a bill on agricultural land consolidation. Landowner rights and compensation are key provisions.

0
Yesterday / 06:00
|
927

Azerbaijan oil drops to $80

Azerbaijan oil price falls to $80.43. Azeri Light crude decreases by $2.52.

0
2026-06-22 17:30
|
302

6 wagons of fertilizer from Russia to Armenia via Azerbaijan

Russia will send 6 wagons of fertilizer to Armenia via transit through Azerbaijan. Date: June 23.

0
2026-06-19 12:02
|
961

Baku at Center of OIC Anti-Corruption Agenda

Baku at the center of OIC's anti-corruption agenda. A cooperation document signed for the high-level meeting on October 27-28, 2026.

0
2026-06-19 08:03
|
583

Modern irrigation systems to be expanded

Natiq Amirov: Modern irrigation systems to be expanded under the 2026-2030 State Program, increasing wheat and cotton productivity.

0
...
Engine oils sharply rise in price | Bond.az