Baku 16° C
Global oil prices slightly decrease
Energy
- 25 March, 2022
- 07:25
Add Report.az to preferred Google sources
Stay up to date with the top news!
Global oil prices slightly decreased on March 25 morning as worries over supply disruptions and shortages eased, Report informs referring to the auction data.
The price of May futures for Brent crude fell by 0.4% to $118.55 per barrel, May futures for WTI fell by 0.47% to $111.81.
The oil market on March 25 morning saw a decline in prices against the backdrop of reports that the EU failed to agree on a boycott of Russian oil.
In addition, news about a possible partial resumption of exports from Kazakhstan through the Caspian Pipeline Consortium (CPC) berths, which were recently damaged by a storm, had an impact on prices.
Author
Latest News
21:11
Germany proposes €100 million in additional aid for Ukraine's infrastructure
Other countries
20:47
Israel and Germany sign energy cooperation program for 2027
Energy
20:40
Photo
Baku to host European Deaf Judo Championships on November 11–12
Individual sports
20:29
Nepal police detain two over alleged scams promising jobs in Azerbaijan and Canada
Incident
20:22
Mirziyoyev credits Aliyev's leadership and Azerbaijani people's heroism for historic victory
Foreign policy
20:03
Photo
Azerbaijani parliament speaker arrives in Kazakhstan for working visit
Foreign policy
19:57
Photo
Azerbaijan explores employment partnerships with Djibouti and Guinea-Bissau
Social security
19:42
Shavkat Mirziyoyev congratulates Ilham Aliyev on Victory Day
Foreign policy
19:38
Photo
Azerbaijan's sports minister meets fire and rescue federation chief in Baku
Individual sports