Baku 0° C
Brent crude falls below $60 per barrel for first time since May
Energy
- 16 December, 2025
- 13:36
Brent crude oil prices fell below $60 per barrel for the first time since May 5, 2025, Report informs referring to Interfax.
By 12:24 PM (GMT+4), February Brent futures on the London ICE Futures Exchange had fallen by $0.65 (1.07%) to $59.91 per barrel. The intraday low was $59.9 per barrel.
January WTI futures on the NYMEX had fallen by $0.65 (1.14%) to $56.17 per barrel by this time.
Author
Latest News
17:26
Video
President Ilham Aliyev attends Zayed Award for Human Fraternity awarding ceremony
Foreign policy17:07
MPD technology planned for use at Azerbaijan's Gunashli field
Energy16:55
Euroclear to direct 1.4B euros in revenue from frozen Russian assets to fund for Ukraine
Other countries16:28
Azerbaijan Railways: Another 560 tons of grain to be sent to Armenia via Azerbaijan today - UPDATED
Business16:19
Kobakhidze: Georgia aims to renew strategic partnership with US
Region15:49
David Müller: Czech Republic to make every effort to participate in ongoing Middle Corridor initiatives
Infrastructure15:41
Azerbaijan, Slovakia mull development of bilateral cooperation
Foreign policy15:26
Photo
Azerbaijan's investment opportunities showcased in Türkiye's Mediterranean region
Business15:14