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
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05 February, 2026 / 11:10
SOCAR AQS participates in tenders in Iraq
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SOCAR AQS to drill eight wells in Türkiye over two years
05 February, 2026 / 10:52
World oil prices fall over 2%
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SOCAR Capital wins international award for green bond issuance
04 February, 2026 / 20:17
MPD technology planned for use at Azerbaijan's Gunashli field
04 February, 2026 / 17:07
SOCAR: Security measures at production facilities tightened amid adverse weather
04 February, 2026 / 11:53
BP talks about volume of investments in projects in Azerbaijan
04 February, 2026 / 11:05
SOCAR exploring alternative technologies to make mature fields more profitable
04 February, 2026 / 11:01
Gas reserves in European storage facilities fall below 40%
04 February, 2026 / 10:55
SOCAR switching to more cost-effective solutions as well production rates decline
04 February, 2026 / 10:44
SOCAR reveals drilling plans for 2026
04 February, 2026 / 10:15
Azeri Light crude rises to $69.8 per barrel
04 February, 2026 / 09:36
SOCAR launches Operational Technology Academy
03 February, 2026 / 15:51
Azerbaijan's Astara modular power plant produces 5.2 billion kWh of electricity
03 February, 2026 / 13:56
Oil prices fall amid easing geopolitical risks
03 February, 2026 / 09:37
Azeri Light oil price drops nearly 5 percent on global markets
03 February, 2026 / 09:28
Hungary appeals to EU Court of Justice over ban on energy imports from Russia
02 February, 2026 / 20:02