As of 1:55 p.m. (GMT +4), the Brent crude price rose 4.34% to $31.01 a barrel, Report informs.
The WTI crude oil went up 5.92% to $25.41 a barrel.
Oil prices rise again
Other News
Shahbazov: Azerbaijan's transition to green energy to take cooperation with Italy to new level
13 January, 2026 / 12:07
Italian investment in Azerbaijan reaches $805M
13 January, 2026 / 11:46
Over 54 bcm of gas delivered to Europe via TAP
13 January, 2026 / 11:27
Expert: Foreign investors maintain strong interest in renewable energy projects in Azerbaijan
13 January, 2026 / 11:17
ACWA Power: Azerbaijan to become green energy hub for Europe, other regions
13 January, 2026 / 10:46
Oil prices rise after Trump announces tariffs on Iranian goods
13 January, 2026 / 10:27
Azeri Light crude oil price rises slightly on global markets
13 January, 2026 / 10:07
Azerbaijan nominates its candidate for Vice-Presidency of IRENA's 17th Assembly
12 January, 2026 / 17:04
Ministry: SGC Advisory Council meeting in Baku planned for early March
12 January, 2026 / 16:37
In 2025, gas production at Absheron field in Azerbaijan increased by almost 7%
12 January, 2026 / 16:01
President: Electricity supply now covers entire Azerbaijan
12 January, 2026 / 16:00
Azerbaijan supplied 0.5BCM of gas to Syria in 2025
12 January, 2026 / 15:37
Azerbaijan lagged behind OPEC+ quota by 91,000 barrels per day in 2025
12 January, 2026 / 15:36
Azerbaijan reduces oil exports by over 5%
12 January, 2026 / 15:02
Azerbaijan keeps oil refining volumes at 2024 levels
12 January, 2026 / 13:45
ACG and Shah Deniz fields produce nearly 670M tons of oil by 2025
12 January, 2026 / 13:34
Gas prices in Europe rise 2.6%
12 January, 2026 / 13:22
Azerbaijan produced 27.7M tons of oil and condensate in 2025
12 January, 2026 / 13:18
SOFAZ revenues from sale of Azerbaijan's profitable oil, gas to exceed $5B in 2026
12 January, 2026 / 13:03
Georgia eyes buying approximately 3 bcm of gas from Azerbaijan in 2026
12 January, 2026 / 12:36