The Azerbaijan State News Agency

ECONOMY

Oil prices decrease on world markets

Oil prices decrease on world markets

Baku, January 8, AZERTAC

On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.09 to trade at $57.24, while the price of Light crude at the NYMEX (New York Mercantile Exchange) fell $0.04 to stand at $48.48 on world markets.

Share news on social media

Follow us on social network

Other news in this section

Oil prices fall in world markets
  • 29.08.2023 [10:41]

Oil prices fall in world markets

Azerbaijani oil price sells for $88.56
  • 29.08.2023 [10:34]

Azerbaijani oil price sells for $88.56

Shah Deniz celebrates 200 billion cubic metres of total gas production
  • 28.08.2023 [16:41]

Shah Deniz celebrates 200 billion cubic metres of total gas production

Oil prices rise in world markets
  • 28.08.2023 [10:49]

Oil prices rise in world markets

Azerbaijani oil price exceeds $88
  • 26.08.2023 [10:53]

Azerbaijani oil price exceeds $88

Oil prices rise in world markets
  • 26.08.2023 [10:36]

Oil prices rise in world markets

Azerbaijani oil price drops in world markets
  • 25.08.2023 [11:00]

Azerbaijani oil price drops in world markets

Oil prices rise in world markets
  • 25.08.2023 [10:21]

Oil prices rise in world markets

Oil prices fall in world markets
  • 24.08.2023 [10:57]

Oil prices fall in world markets

4 Turkish military personnel killed in S-70 helicopter crash in Turkish city Malatya

  • [21:15]

Azerbaijan, Kyrgyzstan discuss environmental issues on sidelines of COP31

  • [21:14]

Junior Azerbaijani gymnast wins world silver in China

  • [21:11]

Azerbaijan and Tajikistan discuss issues on environmental protection

  • [21:09]

Kazakhstan’s first homegrown anti-cancer drug set to enter market in mid-2027

  • [21:08]

President of Azerbaijan Ilham Aliyev met with Prime Minister of Armenia in Dublin

  • [21:00]

Azerbaijan, World Bank explore cooperation priorities

  • [20:40]

Top stories update

  • [20:00]

President Ilham Aliyev participated in roundtable discussion as part of 9th European Political Community Summit VIDEO

  • [19:55]

President Ilham Aliyev met with Prime Minister of Bulgaria in Dublin VIDEO

  • [19:47]

Baku hosts 17th Azerbaijan-Türkiye High-Level Military Dialogue meeting

  • [19:13]

Nvidia CEO Jensen Huang resigns; finance chief named interim leader

  • [18:55]

Concert marking Azerbaijan`s Victory Day and State Flag Day held in Ashgabat

  • [18:55]

Digital transformation’s role in addressing climate change highlighted at Azerbaijan’s COP31 pavilion

  • [18:52]

Meeting of the TURKPA Young Parliamentarians held in Ankara

  • [18:48]

EU clears €2.04bn support scheme for Belgian OWP

  • [18:46]

Shusha represented at 20th World Conference of Historical Cities in Japan

  • [18:45]

President Ilham Aliyev attended opening plenary session of the 9th European Political Community Summit VIDEO

  • [18:25]

Azerbaijan, Türkiye and Georgia discuss expansion of cooperation in military education

  • [18:03]

Azerbaijani and Tajik defense ministries hold meeting on UAV training

  • [17:54]

Azerbaijani female boxer wins silver at Dakar 2026 Youth Olympic Games

  • [17:35]

® ABB launches DigiLife online magazine!

  • [17:24]

Azerbaijan’s Victory Day and National Flag Day celebrated in Cairo

  • [17:21]

Azerbaijan conducts trade operations with 178 countries

  • [16:59]

Azerbaijan, George Washington University expand educational partnership

  • [16:51]

President Ilham Aliyev met with President of Moldova in Dublin VIDEO

  • [16:26]

President Maia Sandu: Moldova is keen on developing cooperation with Azerbaijan in the energy sector

  • [16:10]

Azerbaijan brings its health and wellness experiences into the international spotlight

  • [16:08]

UN chief warns grid bottlenecks stall clean energy transition at COP31

  • [16:08]

Azerbaijani judoka wins gold at European Deaf Judo Championships

  • [16:06]

Key climate discussions held at Azerbaijan pavilion at COP31: regional perspective on early warning systems

  • [15:56]

Train traffic disrupted in northern France following bomb alert

  • [15:50]

Azerbaijan’s Minister of Economy discuss potential joint projects with Chairmen of Indian companies

  • [15:50]

Kazakhstan to restore over 2,000 km of canals under North Aral Sea project

  • [15:36]

World premiere of Azerbaijani documentary “Birthday Candles” held in Tallinn

  • [15:32]

President Ilham Aliyev met with President of Ukraine in Dublin VIDEO

  • [15:30]

Tajikistan to assume CSTO chairmanship next year

  • [15:19]

Pakistan, Finland agree to strengthen cooperation in trade, technology, climate resilience

  • [15:18]

Cities must prepare for more intense flooding, even in drier climates, study warns

  • [15:16]

Japan's Buddhist world exploring ways to ıncorporate AI

  • [14:48]

Azerbaijan's non-oil exports exceeded $414 million last month

  • [14:33]

Azerbaijani elected First Deputy Chair of committee in Sweden

  • [13:52]

COP31 climate summit continues with focus on resilient cities as leaders’ meeting wraps up

  • [13:37]

Bulgaria's RSV 421 sets sail from Antalya for Antarctica

  • [13:11]

Resilient cities and built environment in spotlight at COP31

  • [13:06]

® Trendyol reports sustainability progress and announces updated 2030 targets

  • [12:21]

First Lady of Uzbekistan proposes key initiatives at high-level meeting marking launch of Global Zero Waste Alliance

  • [12:14]
Hyrcanian Forests – A million-year-old wonder of nature VIDEO

Hyrcanian Forests – A million-year-old wonder of nature VIDEO

Top stories update

  • [12:00]

Cevdet Yılmaz: No force can undermine Azerbaijan-Türkiye brotherhood

  • [11:57]

Türkiye fight to stay afloat in Nations League against Belgium

  • [11:47]

From screen to discovery: Azerbaijan’s VIVANT partnership builds new connections with Japan

  • [11:27]

Azerbaijan’s Deputy PM: Azerbaijan advanced inclusive process during its COP29 Presidency

  • [11:12]

Researchers develop blood test to detect early-stage breast cancer, predict recurrence

  • [10:51]

Oil prices decline on global markets

  • [10:44]

Gold and silver prices decline on global markets

  • [10:43]

Azerbaijani chess player becomes European champion with phenomenal result

  • [10:41]

Azeri Light sells for $100

  • [10:26]

First Vice-President Mehriban Aliyeva shared post on Constitution Day

  • [09:30]

German authorities decided to create strategic gas reserves

  • [07:22]

G7 foreign ministers discuss air defense, long-range weapons supplies to Ukraine

  • [07:18]

Post marking Constitution Day shared on President Ilham Aliyev's social media accounts

  • [07:05]

Uzbekistan proposes Central Asian climate integration model to address regional challenges

  • 11.11.2026 [22:23]

Azerbaijan Metrology Institute joins International Atomic Energy Agency project

  • 11.11.2026 [21:49]

Azerbaijani Ambassador to Netherlands presents copy of credentials to King Willem-Alexander

  • 11.11.2026 [21:38]

Azerbaijan strengthens academic ties with Hong Kong’s prestigious universities

  • 11.11.2026 [21:24]

CSTO strips Armenia of voting rights over failure to meet obligations: Kremlin

  • 11.11.2026 [21:06]

World at 'global tipping point' as Hormuz energy disruption shakes markets, climate targets at risk: EU

  • 11.11.2026 [20:56]

Leyla Aliyeva attends “Global Zero Waste Alliance - High-Level Meeting of Spouses of Heads of State and Government”

  • 11.11.2026 [20:51]

Caucasus Muslims Office condemns event held at Blue Mosque in Iravan

  • 11.11.2026 [20:38]

Azerbaijan House in German city of Stuttgart hosts event marking Victory Day

  • 11.11.2026 [20:31]

IDEA organizes tree-planting campaign in Gobustan

  • 11.11.2026 [20:20]

Azerbaijan offers condolences to Poland over tragedy in Kraków

  • 11.11.2026 [20:14]

Leyla Aliyeva visits Azerbaijan pavilion at COP31

  • 11.11.2026 [19:51]

New edition of IRS-Heritage magazine published in Moscow

  • 11.11.2026 [19:44]

Moscow says Russia, Ukraine 'agree in principle' on prisoner exchange

  • 11.11.2026 [19:14]

President Ilham Aliyev’s social media accounts shared video on COP31 Leaders’ Summit VIDEO

  • 11.11.2026 [18:50]

Azerbaijani judoka crowned European champion in Baku

  • 11.11.2026 [18:47]

President Ilham Aliyev concluded his visit to Türkiye VIDEO

  • 11.11.2026 [18:45]

OPEC crude production rises by nearly 2 million bpd in October

  • 11.11.2026 [18:23]

Azerbaijan, Georgia discuss regional cooperation

  • 11.11.2026 [18:19]

COP31 hosts screening of “Deadly Legacy” documentary commissioned by Garabagh Revival Fund

  • 11.11.2026 [18:07]

Azerbaijan and Ghana explore enhancing agricultural cooperation

  • 11.11.2026 [17:47]

Turkish president urges developed nations to take greater responsibility for climate finance, emissions cuts

  • 11.11.2026 [17:41]

President Ilham Aliyev and First Lady Mehriban Aliyeva attended COP31 Leaders’ Summit VIDEO

  • 11.11.2026 [17:15]

® Azercell supports next generation of women in ICT

  • 11.11.2026 [17:12]

Heydar Aliyev Foundation represented with a pavilion at COP31

  • 11.11.2026 [17:04]

Turkish President thanks Azerbaijan and Brazil for sharing their expertise in hosting climate summits

  • 11.11.2026 [16:55]

Azerbaijan, China discuss implementation of joint educational projects

  • 11.11.2026 [16:43]

UN committee adopts Azerbaijan-initiated resolution on “Missing Persons”

  • 11.11.2026 [16:34]

Planet cannot be left at 'mercy of hegemonic struggles,' Brazilian President Lula tells COP31

  • 11.11.2026 [16:33]

UN chief calls for new 'Climate Justice Compact' to cope with climate change

  • 11.11.2026 [16:09]

Starlink Mini 2 adds a swappable battery

  • 11.11.2026 [16:08]

Bomb threat at dozens of schools in Italy following anonymous email

  • 11.11.2026 [15:26]

4.5 magnitude earthquake rattles Israel’s Eilat

  • 11.11.2026 [15:24]

6 crew members missing after oil tank sinks: Thai navy

  • 11.11.2026 [15:15]

One person injured after tractor strikes landmine in Khojavend

  • 11.11.2026 [15:14]

Azerbaijani wrestlers win eight medals in Kazakhstan

  • 11.11.2026 [15:12]

Forbes senior contributor: Azerbaijan's growing gas exports strengthen its role in Europe's energy security [VIDEO]

  • 11.11.2026 [15:06]

Analyst: European partners sharing technical expertise with Azerbaijan can help improve energy infrastructure

  • 11.11.2026 [14:07]