Brent oil price down to $60 per barrel on London's ICE
Energy
- 05 January, 2026
- 08:14
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Brent oil futures contracts for March 2026 delivery on the London ICE exchange fell 1.32% to $60 per barrel at the start of the new trading week, the first time since December 19, 2025, due to US strikes on Venezuela, according to trading data, Report informs via TASS.
As of 11:00 p.m. GMT on January 4, the price of Brent oil fell by 1.32% to $60 per barrel.
By 11:35 p.m. GMT on January 4, Brent futures slowed their decline, trading at $60.57 per barrel (-0.3%).
Meanwhile, WTI oil futures for February 2026 delivery fell 0.44%, reaching $57.07 per barrel.
Latest News
17:33
Photo
Azerbaijan, Paralympic bodies discuss joint initiatives and projects
Individual sports
17:24
Photo
Presidents of Azerbaijan and Kazakhstan met in Baku and inaugurated Trans-Caspian Fiber-Optic Cable Line
Foreign policy
17:16
Global economic developments and their impact on Azerbaijan discussed in Bangkok
Finance
17:13
Erdoğan to run for president for the last time
Region
17:10
ING lowers its inflation forecast for Azerbaijan for 2026
Finance
17:03
Baku Initiative Group cites OMCT report on human rights concerns in France
Foreign policy
17:03
ING Group: Azerbaijan's economy to grow by average of 2.3% in 2026-2028
Finance
16:55
EIB considering cross-border energy projects in Central Asia with potential for exports to Europe via Azerbaijan
Region
16:49
Mirziyoyev, Al Thani mull issues of bilateral co-op in Baku
Foreign policy