Brent crude falls below $60 per barrel for first time since May
Energy
- 16 December, 2025
- 13:36
Brent crude oil prices fell below $60 per barrel for the first time since May 5, 2025, Report informs referring to Interfax.
By 12:24 PM (GMT+4), February Brent futures on the London ICE Futures Exchange had fallen by $0.65 (1.07%) to $59.91 per barrel. The intraday low was $59.9 per barrel.
January WTI futures on the NYMEX had fallen by $0.65 (1.14%) to $56.17 per barrel by this time.
Latest News
22:15
Paid services in Azerbaijan rise nearly 9%
Business21:44
Azerbaijan's public catering turnover up nearly 4%
Finance21:21
Consumer market in Azerbaijan expands by nearly 5%
Business21:04
Putin: Theaters in Baku and Derbent are bridges between cultures
Region20:52
UK allocates over €115 million for Ukrainian air defense
Other countries20:44
Iran's MFA: Six Iranian diplomats killed in Israeli attack on Lebanon
Region20:33
Azerbaijan bolsters role as regional aviation hub with National Airspace Strategy
Infrastructure20:21
Defense Ministry: UAE air defenses intercept 6 ballistic missiles
Other countries20:12