Baku 26° C
Brent crude price slumps on markets
Energy
- 15 December, 2016
- 05:28
Baku. 15 December. REPORT.AZ/ Price for Brent crude oil to be sold at London 's ICE Exchange in February 2017, decreased by 3.16% and amounted to 53.96 USD a barrel.
Report informs referring to trade results at Intercontinental exchange.
The fall of oil prices took place after the decision by US Federal Reserve System (Fed) to increase base interest rate in 2016, on the background of strengthening US-dollar against other currencies.
Author
Latest News
17:56
Turkish defense minister meets with new Azerbaijani ambassador
Foreign policy17:53
Robert Mobili: Armenian revanchists fear Alban‑Udi concept
Religion17:51
Azerbaijan's state standards to be calibrated at BIPM free of charge
Business17:45
Sergey Annari: We held a religious service in our own language at Ganjasar Monastery
Religion17:34
Photo
Azerbaijani historian: Soviet era distorted Caucasian Albania's history
Domestic policy17:27
Haas driver Oliver Bearman expects successful performance at Azerbaijan Grand Prix
Sports17:24
Azerbaijan simplifies visa procedures for FIFA U-15 World Cup
Foreign policy17:23
Azerbaijan's revenues from oil exports to Czechia rise over 9%
Energy17:20