Brent and WTI crude oil prices fall by close of trading
Global benchmark crude oil prices moved toward a moderate decline, with Brent and WTI futures settling at $95.52 and $88.23 per barrel, respectively.
oil prices
Oil prices rise due to shipping disruption in Strait of Hormuz
Brent crude, the international benchmark, rose 0.2% to $91.71 a barrel, while US benchmark crude WTI gained 0.1% to $86.12 in late-morning trading, as hopes of de-escalation in the Iran war were tempered by continued attacks on shipping in the Strait of Hormuz, keeping investors on edge.
Brent price drops below 90 dollars first time since August
Brent oil futures with delivery in next January fell below $90 a barrel on the London-based ICE first time since August 31, 2026, according to trading data.
Oil drops as US signals restraint on Iran
Oil prices fell on Monday after U.S. President Donald Trump downplayed the likelihood of renewed strikes on Iran, though attacks on ships near the Strait of Hormuz kept supply concerns in focus.
Oil prices rise: Brent above 100 dollars per barrel
Oil prices rose Friday as investors weighed the risk of renewed military escalation between the U.S. and Iran following the midterm elections, alongside prospects for a diplomatic breakthrough.
Oil prices drop despite Strait of Hormuz attacks
Oil prices were mixed Thursday following a sharp selloff in the previous session as traders assessed the outlook for U.S.-Iran relations and recovering oil supplies from the Middle East.
OPEC plus nations agree to keep production quotas
The seven OPEC+ nations, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, have agreed keep oil production quotas in December at the previous month’s level, OPEC said.
Oil prices on rise again, with Brent at 116 dollars
Crude oil prices were set for another weekly gain today, also extending their monthly rise to four months in a row amid continued fears of escalation in the Middle East and Houthi attacks on Saudi infrastructure.
World Bank sees global energy prices up 32 percent in 2026
Global commodity prices are projected to surge 23% in 2026 to their second-highest level since 2013 due to the Middle East conflict, Black Sea shipping disruptions and weather shocks, the World Bank said.
Azeri Light oil rises to almost 122 dollars per barrel
The price of a barrel of Azerbaijani Azeri Light oil reached almost $122 following regular trading on the world market
Brent oil prices soar to 115 dollars per barrel
Oil prices on the exchange are rising once more, with Brent returning to early-May levels and nearing $115.
Oil futures pull back again
Oil prices advanced on Wednesday as tensions in the Middle East continued to raise concerns about regional supply disruptions, while industry data showed a larger-than-expected decline in U.S. crude inventories.
Common oil market agreement nearly finalized - Overchuk
The discussion on the rules for forming a common oil and petroleum products market within the Eurasian Economic Union (EAEU) is underway, and dialogue between the countries continues, Russian Deputy Prime Minister Alexei Overchuk said.
Oil price surges amid Mideast tensions
Oil prices climbed on Tuesday as investors continued to monitor simmering tensions in the Middle East and U.S. front-month futures contracts neared expiry.
Gazprom and NIGC discuss route for new gas pipeline to Iran
Russian holding Gazprom and Iran's NIGC are discussing both a gas pipeline to export fuel from Russia to Iran and the pricing mechanisms for the gas to be purchased.
Azerbaijan's Azeri Light oil price drops below 127 dollars
The price of Azerbaijan's Azeri Light crude fell by $3.75, or 2.85%, from the previous level to $127.87 per barrel on a CIF basis at Italy's Augusta port.
This is a deal for the whole world - Trump on agreement with Russia on diesel fuel
US leader Donald Trump and Russian leader Vladimir Putin discussed the export of Russian petroleum products during a phone call
Azeri Light price exceeds 131 dollars per barrel
The price of Azerbaijan’s Azeri Light crude on a CIF basis at the Italian port of Augusta rose by $0.81, or 0.6%, from the previous level to $131.62 per barrel, according to oil market participants.
Global oil prices to rise by 41 percent - IMF
The International Monetary Fund has predicted a nearly 41% increase in oil prices this year, at an average of $96 a barrel. The …
Brent up above 106 dollars per barrel first since September 29
The price of futures contracts of Brent crude oil for December 2026 delivery on London’s ICE has risen above $106 per barrel for the first time since September 29, 2026, according to trade data.
