• $
  • £

Oil surges on weakening dollar

Oil surges on weakening dollar
13.03.2023 11:30
Global oil prices grew on Monday morning on the weakening of the US dollar.

Brent's May futures rose 0.42% to $83.13 per barrel and the April futures for WTI rose 0.46% to $77.03.

The dollar index declined by 0.68% to 103.87 points. The dollar depreciation maintains demand for raw materials, including oil, making them more affordable when buying in another currency.

www.anews.az
Similar news
Similar news
Special loan offer for military personnel from Birbank: Monthly payments starting from AZN 300 for every AZN 10 000 borrowed
Business 15:40
Special loan offer for military personnel from Birbank: Monthly payments starting from AZN 300 for every AZN 10 000 borrowed
Hajiyev shares footage of Azerbaijani and Turkmen presidents’ visit to Shusha
Business 15:30
Hajiyev shares footage of Azerbaijani and Turkmen presidents’ visit to Shusha
Bir Partners With Paysend to Launch Real-Time International Transfers in Azerbaijan
Business 14:00
Bir Partners With Paysend to Launch Real-Time International Transfers in Azerbaijan
Azerbaijan approves gas supply system rules
Business 14:00
Azerbaijan approves gas supply system rules
Azerbaijan developing legal framework for land consolidation
Business 13:30
Azerbaijan developing legal framework for land consolidation
BP and SOCAR representatives to attend Istanbul conference
Business 13:00
BP and SOCAR representatives to attend Istanbul conference
Anglo Asian starts feasibility studies for major Azerbaijan copper deposits
Business 12:30
Anglo Asian starts feasibility studies for major Azerbaijan copper deposits
Azerbaijan’s central bank to announce new rate decision
Business 11:30
Azerbaijan’s central bank to announce new rate decision
Light falls more than 3%
Business 10:30
Light falls more than 3%
Anews TV

Our official Youtube channel

Subscribe