Bank Of Baku


News


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.

 

 


24.05.2012 09:35
   


Related news

 ru / en




















Weather

Baku
Weather forecast for Baku Weather forecast for Baku

Gandja
Weather forecast for Gyandzha Weather forecast for Gyandzha

Sumgayit
Weather forecast for Sumgait Weather forecast for Sumgait

Guba
Weather forecast for Kuba Weather forecast for Kuba

Lenkoran
Weather forecast for Lankaran Weather forecast for Lankaran

Nakhichivan
Weather forecast for Nakhchivan Weather forecast for Nakhchivan