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.
The price of futures contracts of Brent crude oil for July 2026 delivery on London’s ICE has increased to over $111 a barrel for the first time since April 7, 2026, according to trade data.
Oil prices extended their gains on Thursday, rising more than $1 in the wake of stalled peace talks between Iran and the U.S. and as both nations maintained restrictions on the flow of trade through the Strait of Hormuz. …
Oil prices rose sharply on Monday, after the U.S. seizure of an Iranian vessel hit hopes for a peace deal.
Russian president’s special envoy for investment and economic cooperation with foreign countries and CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev has warned that oil price may surpass $150 per barrel already this week.
Oil prices have fallen sharply and stock markets have soared on news of a two-week ceasefire between the United States and Iran.
Oil prices briefly fell below $100 a barrel and shares opened higher in Europe on Wednesday after U.S. President Donald Trump said the U.S. will leave Iran in "two to three weeks" regardless of whether a deal is struck with Tehran.
Azerbaijani Azeri Light crude oil prices have surpassed the $120 per barrel threshold. At the same time, global markets are indicating a significant increase in the prices of major energy commodities.
Brent briefly jumped back above $100 a barrel after the Iran war led to more shipping turmoil in the Middle East and China tightened fuel export curbs.
