Brent crude fell by 2.5%

Tural Ibadli
Author

Baku. 3 January. REPORT.AZ/ In the world market the price of 1 barrel of crude oil WTI (West Texas Intermediate) fell by 1.7% ( 0.92 dollars) and amounted to 52.69 dollars.

Report informs on the stock exchanges the price of Brent crude oil also fell.So, one barrel of Brent crude oil fell by 2.5% (1.46 dollars) and amounted to 56.42 dollars.

According to forecasts, in the case of a fixed price of crude oil before the end of the year, in 2015 the average cost of oil will be 60 dollars per barrel.

Other News

Azerbaijan discusses renewable energy projects with Chinese company 18 March, 2026 / 19:26
Azerbaijan's fuel production declines in early 2026 18 March, 2026 / 18:29
Urea production in Azerbaijan drops sharply in early 2026 18 March, 2026 / 18:07
Oil transport via BTC pipeline declines in early 2026 18 March, 2026 / 17:50
Commercial gas production in Azerbaijan increases by 3% 18 March, 2026 / 17:39
Transportation via Baku-Tbilisi-Erzurum pipeline increased by nearly 8% 18 March, 2026 / 17:05
Saudi Aramco restarted Ras Tanura oil refinery on March 13, IIR says 18 March, 2026 / 16:56
Oil prices fall 18 March, 2026 / 11:18
Azeri Light crude price dips in global markets 18 March, 2026 / 09:57
Kazakhstan and EU strengthen energy partnership 17 March, 2026 / 18:59
Top 10 buyers of Azerbaijani oil 17 March, 2026 / 18:54
Transportation of Kazakhstani oil via Azerbaijan reaches 4 million tons 17 March, 2026 / 18:27
Iraq in talks with Iran on tanker passage through Strait of Hormuz 17 March, 2026 / 15:21
Chinese firms resume purchases of Russian oil after four-month pause 17 March, 2026 / 14:51
Azerbaijan sees increase in revenue from oil product exports by 52% 17 March, 2026 / 14:41
Azerbaijan exported over 4.3BCM of gas since early year 17 March, 2026 / 13:20
Azerbaijan's oil exports approached 4M tons in two months 17 March, 2026 / 13:03
Islamdaut Akubayev: Kazakhstan's oil exports via BTC pipeline to reach 138,000 tons in March 17 March, 2026 / 11:33
Brent rises to $102.74 per barrel 17 March, 2026 / 10:43
Price of Azerbaijani oil in global market keeps ramping up 17 March, 2026 / 09:56