Oil prices fall amid growing oil rigs in the US
Energy
- 07 March, 2017
- 05:58
Baku. 7 March. REPORT.AZ/ World oil prices demonstrate negative dynamics on Monday.
Report informs it happened on background of news published by Baker Hughes announced oil and gas service companies in the US, the news about the increasing number of wells in the US.
Thus, price of April futures for the North Sea petroleum mix of mark Brent crude decreased by 0,05 % at 21:53 Baku time and made 55,87 USD per barrel.
WTI crude oil decreased by 0,36 % and made 53,14 USD per barrel.
According to Baker Hughes, number of wells in the US as of March 3 increased by 2 and reached 756 oil rigs.
Latest News
23:54
Infantino, Trump to present World Cup trophy to winner
Football23:42
Ambassador: Liberation of Azerbaijani lands paved way for peace in South Caucasus
Foreign policy23:21
Video
New life being built in Bash Garvand village of Aghdam
Domestic policy23:12
Photo
Ronaldo scores twice as Portugal rout Uzbekistan
Football22:58
Video
President Ilham Aliyev's social media accounts feature video dedicated to Serdar Berdimuhamedov's visit to Azerbaijan
Foreign policy22:56
IMO to evacuate over 11,000 seafarers from Strait of Hormuz
Other countries22:27
Pezeshkian calls Islamic unity key to countering discord
Region22:14
Azerbaijani candidate elected to UN child rights committee
Foreign policy22:01
Photo