Baku 27° C
Oil prices surge past $80
Energy
- 31 July, 2024
- 14:52
Oil prices have skyrocketed to over $80 per barrel on Wednesday, driven by heightened geopolitical risks stemming from the escalating tensions in the Middle East, according to Report, which cites the trading data.
Brent futures for September delivery on the ICE Futures exchange soared by $2.13 (2.71%), reaching $80.76 per barrel. October contracts also saw significant gains, rising by $2.11 (2.7%) and trading at $80.18 per barrel.
Author
Latest News
21:12
US, Azerbaijan seek connected, prosperous South Caucasus, diplomat says
Foreign policy20:58
Deputy PM: Azerbaijan-US dialogue based on mutual trust
Foreign policy20:50
Hikmat Hajiyev highlights Azerbaijan-EU partnership
Foreign policy20:37
Ursula von der Leyen congratulates President Ilham Aliyev on the initiation of the peace agreement
Foreign policy20:32
President Ilham Aliyev: Today half of our gas export goes to the European Union member states
Foreign policy20:16
Photo
Video
President Ilham Aliyev and President of the European Commission delivered press statements
Foreign policy20:12
Photo
National Defense University holds graduation ceremony for Chinese language course
Military19:49
President: Azerbaijan is the main trading partner for the European Union in the Southern Caucasus
Foreign policy19:45
Photo