Baku / 23.11.18 / Turan: The price of Brent crude oil futures for delivery in January 2019 on the stock exchange on November 23 fell below $ 60 a barrel. The fall per day was about 5% (almost $ 3).
According to the data at 5 pm, the price was $ 59.32, which is lower than the level of October 2017.
Northern oil is cheaper (WTI), which at that time was worth $ 50.95, losing more than 6% ($ 3.5) per day.
Azerbaijani oil is also rapidly becoming cheaper, dropping below $ 60.
Bloomberg notes that oil is getting cheaper due to the statements of Saudi Arabia, that production has reached record levels. According to the Minister of Energy Khalid al-Falih, the volume of overproduction is 10.7 million barrels. per day. -02D-
Energy
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