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Industry and Energy

Oil extends decline after Iran, world powers set date for nuclear talks

Oil extends decline after Iran, world powers set date for nuclear talks

04 November 2021 08:31 (UTC +04:00)

Oil prices extended declines on Thursday, pushing U.S. futures below $80 a barrel, after Iran and world powers agreed to resume nuclear talks this month that could lead to the removal of U.S. sanctions on Iranian oil, increasing global supplies, APA reports quoting Reuters.

U.S. West Texas Intermediate crude slid for a third day to $79.94 a barrel by 0106 GMT, down 92 cents, or 1.1%. Brent crude futures for January fell for a second session to $81.19 a barrel, down 80 cents, or 1%.

Industry and Energy

Azerbaijan to subsidize electricity grid connection fees for industrial and agricultural facilities

Azerbaijan to subsidize electricity grid connection fees for industrial and agricultural facilities

Young media representatives visit Türkiye under Energy Dialogue Platform initiative-<span class="red_color">PHOTO

Young media representatives visit Türkiye under Energy Dialogue Platform initiative-PHOTO

Azerbaijan represented at the 6th meeting of SCO energy ministers

Azerbaijan represented at the 6th meeting of SCO energy ministers

Natiq Amirov, Assistant to the President of the Republic of Azerbaijan and Head of the Economic Policy and Industrial Issues Department of the Presidential Administration

Natiq Amirov: State support for the agricultural sector has been increased

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