Baku 29° C
Global oil prices continue to decline
Energy
- 30 September, 2022
- 06:28
Global oil prices fell on September 30 morning, they can also end the third quarter in the red - for the first time since 2020, Report informs referring to the auction data.
The price of December futures for Brent crude fell by 0.36% to $86.87 per barrel, November futures for WTI - by 0.34% to $80.95.
Since the beginning of the current quarter, Brent has fallen in price by 24.4%, WTI - by 24%. The quarterly decline in oil prices will be recorded for the first time since 2020, when prices fell by more than 60% in the first quarter.
Traders expect decisive action from OPEC+.
Author
Latest News
12:52
Shahbazov: Azerbaijan's energy policy fully aligns with OPEC+ goals
Energy12:35
Jabbarov: Azerbaijan, Slovakia have higher cooperation potential
Business12:22
Photo
President of Slovakia visits Alley of Martyrs in Baku
Foreign policy12:11
Denisa Sakova: Slovakia values Azerbaijan's contribution to Europe's energy security
Foreign policy12:06
Photo
Slovak President visits grave of National Leader Heydar Aliyev at Alley of Honors
Foreign policy12:01
Diario La R: IV Shusha Media Forum - international platform for discussing future of journalism
Foreign policy12:00
Ilham Aliyev: Azerbaijan stood by Türkiye in decisive moments
Foreign policy11:52
Ilham Aliyev sends letter to Erdogan on Democracy and National Unity Day in Türkiye
Foreign policy11:46