Tag Archives: Trend News Agency

Global Markets See Drop in Oil Prices

There is a moderate decline in global oil prices on Thursday morning, Trend reports. Investors’ attention is focused on news related to possible oil supplies from Venezuela in light of ongoing negotiations on easing sanctions measures. The price of October Brent crude futures was slightly down 0.25 percent at $83 …

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Europe Spends nearly Half Billion Euros for Azerbaijani Gas Imports

Europe’s expenditure on Azerbaijani gas imports in April 2023 have reached nearly 490 million euros, Trend learned from Eurostat, the statistical office of the European Union. In April 2023, Azerbaijan supplied 1.047 billion cubic meters of natural gas to Europe, resulting in export revenues of 488,241,329 euros. Meanwhile, Azerbaijan’s energy …

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Oil Falls as Investors Worry over Recession Fears

Oil prices retreated on Thursday after rising for two sessions, with investors still showing lingering concern over a possible U.S. recession and weaker oil demand, Trend reports with reference to Reuters. Brent crude fell 20 cents, or 0.2%, to $87.13 a barrel by 0352 GMT, while U.S. West Texas Intermediate …

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