Modern.az

"Brent" oil sharply declined - fell to 60 dollars

Economy

5 January 2026, 08:54

Oil prices have fallen on world exchanges.

Modern.az reports that, on London's ICE (“InterContinental Exchange Futures”) exchange, the price of “Brent” crude oil decreased by 1.32 percent, falling to 60 dollars per barrel for the first time since the US operation in Venezuela - December 19, 2025. Meanwhile, the price of “West Texas Intermediate” (WTI) crude oil decreased by 0.45 percent to 57.06 per barrel.

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