Baku 22° C
Brent falls to $78.5 per barrel
Energy
- 05 August, 2026
- 21:49
Oil prices declined on Wednesday evening, with the situation in the Middle East remaining the focus of market attention, Report informs referring to Interfax.
By 7:03 PM (GMT+4), October Brent futures on London's ICE Futures Exchange had fallen by $0.86 (1.08%) to $78.5 per barrel.
September WTI futures on the NYMEX exchange had fallen by $0.95 (1.25%) to $74.82 per barrel by this time.
Earlier in trading, Brent rose to $80.95 per barrel, and WTI to $76.7 per barrel on reports of new Houthi attacks in the Red Sea.
Author
Latest News
23:52
Israeli military says it killed Hamas military wing commander in Gaza City
Other countries23:46
Mirzoyan: Russia ready to discuss restoration of Armenian rail links to Azerbaijan, Türkiye
Region23:30
Armenia to host next Türkiye-Armenia business forum in early October
Region23:14
Axios: Trump weighs limited strikes on Iranian targets near Strait of Hormuz
Other countries22:43
Photo
Sahiba Gafarova: Azerbaijan attaches great importance to developing relations with African countries
Milli Majlis22:14
Neftchi signs Croatian midfielder Vicko Ševelj
Football21:58
At least 2 dead, 14 missing after flooding at Grand Canyon National Park
Other countries21:26
Photo
Azerbaijani journalists visit Yad Vashem Holocaust memorial in Jerusalem
Foreign policy21:05