Bank Of Baku

Oil prices to fall in world markets

Oil prices to fall in world markets
# 20 September 2025 10:31 (UTC +04:00)

Oil prices dropped on Friday as worries about large supplies and declining demand outweighed expectations that the year's first interest-rate cut by the U.S. Federal Reserve would trigger more consumption, APA-Economics reports, citing Reuters.

Brent crude futures settled at $66.68 a barrel, down 76 cents or 1.1%. U.S. West Texas Intermediate futures finished at $62.68, down 89 cents or 1.4%.

Both benchmarks rose for a second consecutive week.

 

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