Brent crude falls below 80 dollars per barrel
The price of Brent crude oil futures for October fell below $80 a barrel on Wednesday for the first time since July 13, according to ICE data.
The price of Brent crude oil futures for October fell below $80 a barrel on Wednesday for the first time since July 13, according to ICE data.
The price of Brent crude futures contract with September delivery on the ICE exchange in London fell below $82 a barrel for the first time since July 13, according to trading data.
The price of Azerbaijan's Azeri Light crude oil increased by $6.97, or 7.64%, from the previous session to $98.19 per barrel.
The price of futures contracts of Brent crude oil for September 2026 delivery has dropped by more than 9% on London’s ICE, diving below $88 per barrel for the first time since July 21, 2026, according to trade data.
Oil prices continued their sharp rise on July 23, with Brent crude crossing the $100 mark for the first time since May 26.
The price of Azerbaijan's Azeri Light crude oil on a CIF basis at Italy's Augusta port increased by $1.83, or 1.85%, from the previous session to $100.56 per barrel.
Brent crude rose above $98 per barrel while WTI approached $90 as geopolitical tensions intensified. Houthi forces claimed attacks on two Saudi oil tankers, prompting some vessels to avoid the Bab el-Mandeb Strait. Markets are increasingly pricing in the risk of supply disruptions after oil gained nearly 20% in roughly two weeks.
The price of futures contracts of Brent crude oil for September 2026 delivery on London’s ICE has risen above $91 per barrel for the first time since June 11, 2026, according to trade data.
The price of futures contracts of Brent crude oil for September 2026 delivery on London’s ICE has risen above $87 per barrel for the first time since June 12, 2026, according to trade data.
Oil prices remained firmly higher on Monday despite retreating from an early rally of almost 5%, with investors continuing to assess the potential impact of renewed military tensions between the U.S. and Iran on global crude supplies.
Brent crude oil prices increased significantly during today's trading session, surpassing the $80 per barrel threshold.
The price of futures contracts of Brent crude oil for September 2026 delivery on London’s ICE has risen above $79 per barrel for the first time since June 23, 2026, according to trade data.
Oil prices moved lower on Thursday as investors weighed improving prospects for crude supplies from the Middle East against the persistent geopolitical risks that continue to shape the energy market.
Oil prices have fallen to levels last seen before the start of the Iran war as tankers begin passing through the Strait of Hormuz.
U.S. President Donald Trump expressed his dissatisfaction with oil prices not falling fast enough in his country as he authorized a probe into this situation.
The price of futures for WTI oil for delivery in August 2026 decreased by 3.81% to $77.67 per barrel
Oil prices fell around 3% on Wednesday as traders weighed up progress in U.S.-Iran peace talks against renewed hostilities.
The global energy crisis triggered by the Middle East conflict is entering a new phase as the summer season approaches, the Financial Times reported, citing sources.
Oil prices pulled back on Tuesday after a sharp increase a day earlier.
The price of Azerbaijan’s Azeri Light crude has increased by $6.43, or 5.55%, from the previous level, coming in at $122.32 per barrel, media reported.