Baku 22° C
Oil price falls again
Energy
- 04 May, 2020
- 12:38
As of 4:20 (GMT +4), the WTI crude price dropped 2.88% to $19.21 a barrel/
Report informs that Brent crude fell 0.91% to $26.20 a barrel.
The oil price began to fall after the US decision to increase the import duties on Chinese products.
US President Donald Trump said Sunday that he believed that a “mistake” in China was the cause of the spreading coronavirus pandemic, and the new duty is a significant tool for negotiations with China.
Author
Latest News
12:50
Fire breaks out at oil refinery in Russia's Krasnodar region
Region12:32
Kuwait strongly condemns Iranian strikes on country's territory
Other countries12:21
Bahrain urges UN Security Council meeting over Iran attacks
Other countries12:00
IDF kills RPG-wielding Hezbollah operatives in south Lebanon
Other countries11:41
US attacks violate agreements with Tehran — Iranian MFA
Region11:23
Photo
Video
770 tons of wheat shipped from Russia to Armenia via Azerbaijan
Business11:03
World Cup round-of-32 pairings confirmed
Football10:54
German carmakers cut jobs as Chinese rivals gain ground in Europe
Other countries10:44