Bank Of Baku

Oil prices are rising in world markets

Oil prices are rising in world markets
# 12 May 2026 09:24 (UTC +04:00)

During trading operations on the ICE London intercontinental exchange, the price of July 2026 futures contracts for the export of Brent crude oil increased by 0.64% to 104.88 US dollars per barrel, APA-Economics reports.

On New York’s NYMEX commodity exchange, the price of one barrel of WTI crude oil for export in June 2026 increased by 0.87% to 98.92 US dollars.

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