Baku 18° C
WTI crude falls to 21-year low
Energy
- 20 April, 2020
- 08:11
Add Report.az to preferred Google sources
Stay up to date with the top news!
WTI crude price has fallen 20% below $15 a barrel for the first time since 1999, Report informs, citing the Bloomberg.
Some purchasers in Texas have paid $2 for a barrel, which can mean that the American oil producers may have to pay additional funds to purchasers to get rid of the product.
Earlier, Bloomberg had reported that US President Donald Trump wanted the oil companies to stop the production and even was ready to pay funds for this.
Author
WTI markalı neftin qiyməti son 21 ilin minimumuna endi
Цена на нефть WTI достигла минимума впервые с 1999 года
Latest News
00:05
Ukraine discusses postwar recovery and 2027 financing with partners in Brussels
Other countries
23:38
Trump acknowledges Iran war and fuel prices contributed to Republican defeat
Other countries
23:28
Moldova could complete EU accession talks in 2028, government says
Other countries
22:54
Recep Tayyip Erdoğan: I take great pleasure in conveying my most sincere wishes to President Ilham Aliyev
Foreign policy
22:45
Azerbaijani ambassador highlights Croatia"s support for demining efforts
Foreign policy
22:38
Photo
First Vice-President Mehriban Aliyeva, along with her family members, attended symphonic show by internationally acclaimed violinist David Garrett
Cultural policy
22:19
Azerbaijani cookbook published in Bosnian
Foreign policy
21:47
Azerbaijani energy minister begins visit to Ukraine
Energy
21:20
Photo
Baku hosts medal ceremony at World Fire and Rescue Sport Championships
Team sports