Baku 6° C
Brent crude falls below $60 per barrel for first time since May
Energy
- 16 December, 2025
- 13:36
Brent crude oil prices fell below $60 per barrel for the first time since May 5, 2025, Report informs referring to Interfax.
By 12:24 PM (GMT+4), February Brent futures on the London ICE Futures Exchange had fallen by $0.65 (1.07%) to $59.91 per barrel. The intraday low was $59.9 per barrel.
January WTI futures on the NYMEX had fallen by $0.65 (1.14%) to $56.17 per barrel by this time.
Author
Latest News
01:18
Photo
Leyla Aliyeva visits Narimanov Children's Clinical Hospital of Republican Pediatric Center
Domestic policy00:03
Photo
Chairman of Caucasus Office hosts Iftar ceremony on occasion of holy month of Ramadan
Religion23:56
Tehran's envoy in UK summoned 'in response to Iran's role in recent events'
Other countries23:45
Iraq faces complete blackout
Other countries23:41
Death toll from Israeli strikes on Lebanon rises to 72
Other countries23:21
Iran lets 2 ships from 'friendly countries' pass through Strait of Hormuz
Region23:08
Bochorishvili: Geopolitical significance of Middle Corridor is growing
Infrastructure22:56
Kars governor hopes for Zangezur corridor opening soon
Region22:47