Baku 26° C
Brent oil price drops to $108.5 per barrel
Energy
- 04 May, 2026
- 10:56
Oil prices slightly decreased, according to Report, which cites trading data.
July Brent futures became cheaper on the London ICE Futures exchange by $0.12 (0.11%) to $108.05 per barrel.
June WTI futures on the New York Mercantile Exchange (NYMEX) electronic trading platform decreased by $0.49 (0.48%) to $101.45 per barrel.
Market participants continue to monitor developments in the Middle East. US President Donald Trump said over the weekend that the US will, starting Monday, provide assistance to ships blocked in the Strait of Hormuz and seeking to leave it.
Author
Latest News
21:08
Trump says US will resume major strikes on Iran if talks fail
Other countries20:42
Houthis say they targeted Saudi east-west oil transport
Other countries20:22
Ukraine exposes group accused of stealing donations for war support
Other countries20:18
Montenegro to require visas for citizens of Russia, China, Türkiye from November 1
Other countries20:04
AzTV chief: Channel will continue responding to Iranian information attacks
Media19:52
Pashinyan, Putin discuss issues in Armenia-Russia economic ties
Region19:33
Azerbaijan-Russia trade falls by 31% in January-June
Business19:18
Photo
Court of Appeal hearing continues for Armenian nationals as public prosecutors deliver statements
Incident19:14