Baku 19° C
Oil price soars 5%
Energy
- 03 December, 2018
- 07:08
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 3 December. REPORT.AZ/ Oil prices soared by around 5 percent on Monday after the United States and China agreed to a 90-day truce in their trade war, Qatar announced it will leave OPEC in January 2019, and ahead of a meeting this week by producer club OPEC that is expected to result in a supply cut.
Report informs that as of 10:52 a.m. (GMT +4), Brent crude rose by 4.73% to $62.27 a barrel, WTI crude price soared by 5.11% to $53.53 a barrel.
Author
Latest News
11:42
Azerbaijan announces key budget policy priorities for 2027
Finance
11:30
Azerbaijan to develop concept for health tourism
Tourism
11:27
Azerbaijani parliament discusses next year's state budget
Finance
11:07
Deputy Minister: Central Asia among priority destinations for Azerbaijan
Business
11:05
Azerbaijan to increase AZAL subsidy by nearly 20% in 2027
Finance
11:03
Azerbaijan's state debt and guarantees fund assets rise 2.9-fold
Finance
11:01
WHO praises Azerbaijan's efforts in health, tourism co-op
Tourism
10:52
AnewZ marks second anniversary since launch
Media
10:37
ADB to increase share of cross-border initiatives to 30% by 2030
Finance