Baku 21° C
WTI crude falls to 21-year low
Energy
- 20 April, 2020
- 08:11
Add Report.az to preferred Google sources
Stay up to date with the top news!
WTI crude price has fallen 20% below $15 a barrel for the first time since 1999, Report informs, citing the Bloomberg.
Some purchasers in Texas have paid $2 for a barrel, which can mean that the American oil producers may have to pay additional funds to purchasers to get rid of the product.
Earlier, Bloomberg had reported that US President Donald Trump wanted the oil companies to stop the production and even was ready to pay funds for this.
Author
WTI markalı neftin qiyməti son 21 ilin minimumuna endi
Цена на нефть WTI достигла минимума впервые с 1999 года
Latest News
00:28
Ali Asadov sends congratulations to Morocco's first female head of government
Foreign policy
00:22
Azerbaijani wrestlers win two gold medals at Vladikavkaz tournament
Individual sports
23:35
Video
President Ilham Aliyev's social media accounts shared video on Cambodian Prime Minister's visit to Azerbaijan
Foreign policy
23:17
Parviz Shahbazov: Oil market stability also depends on safe energy deliveries
Energy
23:11
Georgia seeks role in China-Kyrgyzstan-Uzbekistan transport route
Region
22:34
Education authorities inspect dress-code compliance in Baku schools
Education and science
22:15
Photo
Azerbaijani photo club continues 'landmine-free world' campaign in Sarajevo
Foreign policy
21:59
Shaffer: Military outcome paved way for Armenia-Azerbaijan peace
Foreign policy
21:31
29 foreign ministers accuse Iran of hostile hybrid activities
Other countries