Brent prices drop below $75 per barrel

News Department
Author

Baku. 1 November. REPORT.AZ/ Brent oil futures with delivery in January 2019 fell by 1.54% to $74.78 a barrel on the London-based ICE on Wednesday, Report informs citing TASS.

Brent prices were below $75 per barrel last time on August 24 of this year.

Azeri LT CIF oil price earlier dropped on the world market.

Other News

Serbia in talks with Azerbaijan to expand energy supplies 08 April, 2026 / 18:44
Azerbaijan's gas exports to Serbia reach nearly 450 million cubic meters 08 April, 2026 / 18:30
GECF: Azerbaijan's gas output up 2.4% in 2025 08 April, 2026 / 17:49
Azerbaijan and Serbia mull energy cooperation 08 April, 2026 / 15:54
Deal on Azerbaijan gas supply to Serbia extended 08 April, 2026 / 14:59
Azeri Light crude dips slightly but stays near record highs 08 April, 2026 / 09:43
EIA projects Azerbaijan's 2027 daily oil output at 540,000 barrels 07 April, 2026 / 23:04
EIA keeps Azerbaijan's 2026 daily oil production forecast unchanged 07 April, 2026 / 23:01
Energy ministry: Renewables account for 29.1% of Azerbaijan's daily power output 07 April, 2026 / 15:59
Birol: Current oil and gas crisis worse than the previous three combined 07 April, 2026 / 12:18
Oil prices surge amid fears of Middle East escalation 07 April, 2026 / 10:13
SOCAR Gas Export Department earned $2.6M in two months 06 April, 2026 / 17:05
SOCAR Polymer exports rise to $35.7M in January-February 06 April, 2026 / 16:03
SOCAR's non-oil exports reach $27.4M in Jan-Feb 06 April, 2026 / 15:04
Brent rises to $109.77 per barrel 06 April, 2026 / 09:56
SOCAR unveils new innovative equipment for geophysical operations 04 April, 2026 / 15:41
Shahbazov: Azerbaijan has supplied Greece with 5.6 billion cubic meters of gas 03 April, 2026 / 17:54
Azerbaijani oil price approaches $142 03 April, 2026 / 10:01
BP says it has not proposed creating new energy route from Caspian Sea - UPDATED 03 April, 2026 / 01:00
OTS countries back regional projects, including Green energy corridor 02 April, 2026 / 14:25