Bank Of Baku

Oil prices are rising in global markets

Oil prices are rising in global markets
# 09 April 2026 09:21 (UTC +04:00)

Amid reports of a ceasefire between the United States and Iran, in trading on the ICE London intercontinental exchange, the value of the June 2026 Brent crude oil export contract increased by 2.32% to $96.95 per barrel, APA-Economics reports.

On the NYMEX commodity exchange in New York, the price of WTI crude oil futures for May 2026 delivery also rose by 3.22% to 97.45 US dollars per barrel.

 

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