World oil prices fell below $90 first time for 6 months
Baku, Fineko/abc.az. For the first time for six months world oil prices fell below $90 a barrel.
Yesterday price of crude oil WTI (Light Sweet) at the New York Mercantile Exchange (NYMEX) fell by $1.95 to $89.9 per barrel.
At the same time trading in Europe provide comfortable price regime for Azerbaijan’s budget based on oil export price of $80 per barrel, despite oil production decline in the country. Yesterday, price of Brent, although it collapsed by $2.85 to 5-month low of $105.56 per barrel at the InterContinental Exchange Futures Europe (ICE Futures Europe), promises keeping of a massive influx of windfall for Azerbaijan.
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