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Brent crude oil falls below $80 for first time

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The price of Brent crude briefly fell below the symbolic level of $80 per barrel on Tuesday for the first time since January.

Axar.az reports that tround 1700 GMT, the price of Brent crude for delivery in February, the main international oil contract, was down 3.1 percent at $80.08.

The main US contract, WTI for January delivery, slumped 2.9 percent to $74.72.

Date
2022.12.07 / 09:50
Author
Axar.az
See also

Oil prices fall in global market

Gold hits a new record above $3,744 per ounce

US Federal Reserve cuts discount rate to 4–4.25%

Global oil prices continue to rise

Azerbaijan resumes crude oil exports to India

Oil prices keep climbing on world markets

Global oil prices rise again

Global oil prices decline

Oil prices continue to climb in global markets

Oil prices keep rising in global markets

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