Trump: Oil prices will fall once Iran conflict ends
Global oil prices will drop following a US victory in the war against Iran, Trump stated, noting that the US has already won the conflict militarily
oil prices
Azerbaijani Azeri Light oil price exceeds 125 dollars
The price of a barrel of Azerbaijani Azeri Light crude rose in global market trading, surpassing the $125 mark.
Azerbaijani Azeri Light oil price exceeds 121 dollars
The price of Azerbaijan’s Azeri Light crude on a CIF basis at the Italian port of Augusta increased by $3.69, or 3.13%, compared with the previous figure, to $121.43 per barrel.
Brent oil price drops below 98 dollars per barrel
The price of Brent crude futures for November 2026 delivery on the London-based ICE exchange slid below $98 per barrel for the first time since September 8 of this year, market data showed on Tuesday.
Azerbaijani Azeri Light oil shifts down in price
The price of Azerbaijan’s Azeri Light crude on a CIF basis at the Italian port of Augusta decreased by $5.54, or 4.53%, compared with the previous figure, to $116.83 per barrel.
Oil prices drop as US-Iran diplomacy gains momentum
Oil prices fell more than 2% Monday as hopes for renewed U.S.-Iran talks and a recovery in Saudi crude exports eased supply concerns that have kept prices elevated in recent weeks.
Container ship transit through Strait of Hormuz falls 94 percent
According to the Financial Times, container ship traffic through the Strait of Hormuz towards the Persian Gulf fell by 94% between March 1 and September 7 this year.
Brent crude continues to fall in global markets
This morning, Brent crude dropped to $103.68 per barrel, a decline of more than 1% from the previous session, while WTI prices also fell.
Brent drops over 3,3 percent in trading
Oil prices are falling today, with Brent losing more than 3.3% and WTI over 2.5%, bringing prices back to early‑September levels.
Azerbaijani Azeri Light oil price drops to 122 dollars
The CIF price of Azerbaijan's Azeri Light crude at Italy's Augusta port decreased by $5.88, or 4.59%, from the previous level to $122.15 per barrel, a source in the oil market said.
Azerbaijani oil Azeri Light price surpasses 128 dollars
The CIF price of Azerbaijan's Azeri Light crude at Italy's Augusta port increased by $0.74, or 0.58%, from the previous level to $128.03 per barrel, a source in the oil market said.
Azerbaijani oil Azeri Light price exceeds 127 dollars
The CIF price of Azerbaijan's Azeri Light crude at Italy's Augusta port increased by $7.27, or 6.06%, from the previous level to $127.29 per barrel.
Trump says oil to 'drop like a rock' after Iran war ends
U.S. President Donald Trump said oil prices will "drop like a rock" once the military conflict with Iran ends, adding that he does not expect it to last long.
Saudi pipeline outage threatens global oil supply - report
Saudi Arabia will run out of oil stocks for exports if it doesn't restart its major pipeline to the Red Sea within days, leading to a loss of up to 4% of global supply, Reuters reported, citing Saudi oil buyers and traders.
Brent crude tops 105 dollars for first time since May
Oil prices are rising on the exchange, with Brent crude exceeding $105 for the first time since May 22 and WTI surpassing the $100 mark.
Azeri Light oil scales up in price
The CIF price of Azerbaijan's Azeri Light crude at Italy's Augusta port increased by $5.14 from the previous level to $113.32 per barrel, a source in the oil market said.
Brent crude rises above 100 dollars for first time since July
Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, hitting a more than six-week high and breaching the symbolic threshold for the first time since July 24 as intensifying conflict in the Middle East heightened concerns about oil flows from the region.
Brent oil price climbs toward 100 dollars per barrel
Oil prices on Tuesday surged toward $100 a barrel after Iran-backed Houthi militants launched an attack on Saudi Arabia that Saudi officials said injured dozens of civilians in a major escalation of tension in the region.
Trump says oil prices to fall precipitously after Iran war
U.S. President Donald Trump said that "oil prices will drop precipitously" after the war with Iran ends, even as Brent crude prices have soared over $97 a barrel, touching six-week highs on Monday.
Oil prices up as Middle East war escalates
Oil prices moved higher as concerns grew that the conflict in the Middle East could drag on, with Brent rising 0.9% to $97.24 and WTI gaining 0.9% as well to $92.36.
