Brent falls to $98.15
Energy
- 17 April, 2026
- 11:22
Oil prices are falling on Friday, fueled by hopes for a Middle East peace settlement, Report informs via Interfax.
The price of June Brent crude futures on London's ICE Futures Exchange is $98.15 per barrel, down $1.24 (1.25%) from the previous close. On Thursday, these contracts fell $4.46 (4.7%) to $99.39 per barrel.
WTI crude oil futures for May on the New York Mercantile Exchange (NYMEX) electronic trading have fallen $1.36 (1.44%) to $93.33 per barrel. Their price fell $3.40 (3.7%) to $94.69 per barrel in the previous session.
The changes came after US President Donald Trump announced on Thursday that Lebanon and Israel had agreed to a 10-day ceasefire and that the US and Iran could resume talks as early as this weekend.
Latest News
14:07
IEA chief warns markets underestimate Hormuz closure
Energy14:02
Cavusoglu: Europe cannot build security system without Türkiye
Other countries13:54
Hikmat Hajiyev says South Caucasus now more stable, closer to peace
Foreign policy13:47
Hikmat Hajiyev: regions can benefit from multilateral cooperation
Foreign policy13:37
Cevdet Yilmaz says post-WWII global order appears to reverse
Region13:29
Kobakhidze says lack of prominent leaders is one of major problems
Region13:20
Photo
Azerbaijan, US discuss TRIPP project
Infrastructure13:09
Kobakhidze: South Caucasus holds special importance amid global dev'ts
Region13:05