• $
  • £

Brent crude rises to nearly $73 per barrel

Brent crude rises to nearly $73 per barrel
05.09.2024 12:00
Oil prices rose on September 5 against the background of data from the American Petroleum Institute (API) on a sharp decline in US reserves, reported from Interfax.

According to API estimates, oil reserves in the country decreased by 7.4 million barrels last week. Such a reduction, if confirmed by official data, will be the most significant since June. 

The US Department of Energy will publish a weekly report on energy reserves in the country this evening. 

The cost of November Brent crude futures on the London ICE Futures exchange was $72.96 per barrel, which is $0.26 (0.36%) higher than at the close of the previous trades. WTI crude futures for October on the electronic trading of the New York Mercantile Exchange (NYMEX) increased in price by $0.24 (0.35%), to $69.44 per barrel.

www.anews.az
Similar news
Similar news
Armenian citizens may be barred from Istanbul's Armenian schools, report says
Business 15:00
Armenian citizens may be barred from Istanbul's Armenian schools, report says
Central Bank of Azerbaijan sets official foreign exchange rates
Business 13:00
Central Bank of Azerbaijan sets official foreign exchange rates
US natural gas futures slip on NYMEX following larger-than-expected inventory injection
Business 12:30
US natural gas futures slip on NYMEX following larger-than-expected inventory injection
Gold and Silver Prices Fall on Profit-Taking
Business 11:30
Gold and Silver Prices Fall on Profit-Taking
Shah Deniz Alpha platform resumes gas production following planned maintenance
Business 18:00
Shah Deniz Alpha platform resumes gas production following planned maintenance
President Ilham Aliyev accepts credentials of new German Ambassador Dirk Lölken
Business 17:29
President Ilham Aliyev accepts credentials of new German Ambassador Dirk Lölken
Nikol Pashinyan announces imminent launch of Armenian exports to Azerbaijan
Business 16:30
Nikol Pashinyan announces imminent launch of Armenian exports to Azerbaijan
Nikol Pashinyan vows trade diversification, outlines SCR concession options
Business 16:00
Nikol Pashinyan vows trade diversification, outlines SCR concession options
Birbank Star Offers 5 Free Public Transport Trips Every Month
Business 15:38
Birbank Star Offers 5 Free Public Transport Trips Every Month
Anews TV

Our official Youtube channel

Subscribe