As of 7:00 AM Baku time, the price of Brent crude oil fell by 1.48 percent to $75.94 per barrel.
However, the decline later slowed, and Brent was trading at $76.23 per barrel (down 1.1 percent).
Economy
Brent Crude Falls Below $76 for First Time Since March 2
Brent crude futures fell below $76 per barrel on the ICE London exchange for the first time since March 2, 2026.
AI brief
The story in one minute
AI will summarize what happened, why it matters and what it means for business.
FinFly Explains
Understand the context
What energy security means
Energy security means the ability of a country and business to receive energy reliably, without critical dependence on one route or supplier. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
What inflation meansWhy prices rise and how inflation affects wages, business, loans and everyday costs. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
What green energy meansGreen energy is power generated from low-emission sources such as solar, wind, hydro and other technologies that reduce dependence on fossil fuels. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
InfoBank
Need a quick financial check?
Ask the bot about exchange rates, loans, deposits and payments in Telegram.
Open InfoBank
Follow us on TikTok
Loading next story...