Baku 13° C
Brent oil price drops below $61 per barrel on ICE first time since March 2021
Energy
- 09 April, 2025
- 08:08
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of futures contracts of Brent crude oil for June 2025 delivery has dropped below $61 per barrel on London's ICE for the first time since March 25, 2021, according to trading data, Report informs.
As of midnight GMT, the Brent price was down by 5.39%, to $60.89 per barrel.
By 12:07 a.m. GMT, the price of Brent futures contracts had narrowed losses to $61.33 per barrel (-4.71%). Meanwhile the price of futures contracts of WTI crude oil for May 2025 delivery was down by 5.93%, at $57.9 per barrel.
Author
“Brent” neftinin qiyməti dörd ilin minimumuna düşüb
Цена нефти Brent опустилась до четырехлетнего минимума
Latest News
23:54
Parviz Shahbazov: Strong political ties underpin Azerbaijan–Ukraine economic cooperation
Foreign policy
23:42
Shmyhal says Black Sea–Caspian links could open new trade and energy routes
Foreign policy
23:23
Shmyhal calls on Azerbaijani companies to help rebuild Ukraine
Foreign policy
23:18
Russia plans to return nine children to Ukraine in November, official says
Region
23:06
QatarEnergy in talks with US suppliers for long-term LNG deals
Other countries
22:48
Putin ready to help end US–Iran conflict, Rezaei says
Region
22:16
Iran's Rezaei delivers letter from Khamenei to Putin
Region
21:58
Russia and Iran sign documents on Rasht–Astara railway project
Region
21:42
Zelenskyy and Costa discuss Ukraine's EU accession and Abu Dhabi talks
Other countries