Baku 24° C
Brent crude oil prices rise $1.74, reach $104.88
Energy
- 16 March, 2026
- 10:39
Add Report.az to preferred Google sources
Stay up to date with the top news!
Oil prices have risen again, reaching $104.88 per barrel, Report informs via Interfax.
The price of May Brent crude futures on the London ICE Futures Exchange is up $1.74 (1.69%) as of 9:12 (GMT+4). Last Friday, the contract rose $2.68 (2.67%) to $103.14 per barrel.
April WTI crude oil futures on the New York Mercantile Exchange (NYMEX) electronic trading have risen $0.98 (0.99%) to $99.69 per barrel by this time. At the close of the previous session, the price of these contracts increased $2.98 (3.11%) to $98.71 per barrel.
The trend is due to ongoing tensions in the Middle East.
Author
Latest News
13:17
Indian ambassador ready to strengthen bilateral ties with Azerbaijan
Foreign policy
13:14
Photo
President Ilham Aliyev received newly appointed Indian ambassador to Azerbaijan
Foreign policy
13:13
Martirosyan: Armenia hopes to develop energy cooperation with Azerbaijan
Other countries
13:10
MP: Restoration of Azerbaijan's sovereignty resulted from struggle against occupation
Domestic policy
13:05
Von der Leyen: EU will not lift Russia sanctions until war ends
Other countries
13:02
Value of Azerbaijan's petroleum products output exceeds 4.6B manats
Energy
12:51
Azerbaijani MP: Equality and sovereignty underpin Baku's foreign policy
Foreign policy
12:50
CBA, BlackRock mull co-op prospects
AIC
12:44
Azerbaijan's crude oil supplies to Vietnam exceed 1M tonnes
Energy