Brent crude price exceeds $116

News Department
Author

Global oil prices accelerated the growth on Thursday, with the price of a barrel of Brent crude exceeding $116, Report informs referring to trading data.

The price of May Brent crude futures rose 8.15% from the previous close, reaching $116.13 per barrel for the first time since March 9.

May WTI futures rose only 1.38% to $96.78 per barrel.

Other News

Georgia's imports of oil and petroleum products from Azerbaijan skyrocket 19 March, 2026 / 17:40
Khudatyan: Yerevan, Ankara to evaluate investments in energy grid unification 19 March, 2026 / 17:06
Gas prices in Europe exceed $850 19 March, 2026 / 11:54
Price of Azeri Light crude oil approaches $118 per barrel 19 March, 2026 / 10:10
Azerbaijan discusses renewable energy projects with Chinese company 18 March, 2026 / 19:26
Azerbaijan's fuel production declines in early 2026 18 March, 2026 / 18:29
Urea production in Azerbaijan drops sharply in early 2026 18 March, 2026 / 18:07
Oil transport via BTC pipeline declines in early 2026 18 March, 2026 / 17:50
Commercial gas production in Azerbaijan increases by 3% 18 March, 2026 / 17:39
Transportation via Baku-Tbilisi-Erzurum pipeline increased by nearly 8% 18 March, 2026 / 17:05
Saudi Aramco restarted Ras Tanura oil refinery on March 13, IIR says 18 March, 2026 / 16:56
Oil prices fall 18 March, 2026 / 11:18
Azeri Light crude price dips in global markets 18 March, 2026 / 09:57
Kazakhstan and EU strengthen energy partnership 17 March, 2026 / 18:59
Top 10 buyers of Azerbaijani oil 17 March, 2026 / 18:54
Transportation of Kazakhstani oil via Azerbaijan reaches 4 million tons 17 March, 2026 / 18:27
Iraq in talks with Iran on tanker passage through Strait of Hormuz 17 March, 2026 / 15:21
Chinese firms resume purchases of Russian oil after four-month pause 17 March, 2026 / 14:51
Azerbaijan sees increase in revenue from oil product exports by 52% 17 March, 2026 / 14:41
Azerbaijan exported over 4.3BCM of gas since early year 17 March, 2026 / 13:20