Brent

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.

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.

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 fall

This morning, Brent crude fell to $96.69 per barrel and WTI dropped to $88.90, while the price of Azeri Light rose to $112.29 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.

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.

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.

Oil prices rise as US-Iran tensions keep supply risks in focus

Oil prices moved higher for a third consecutive session on Wednesday, although they reduced earlier gains as investors monitored renewed military exchanges between the U.S. and Iran and their potential implications for Middle Eastern crude supplies.

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