Bank Of Baku

Oil prices rise by more than 6% on global markets

Oil prices rise by more than 6% on global markets
# 02 March 2026 09:01 (UTC +04:00)

During trading operations on the ICE London intercontinental exchange, the price of Brent crude oil for export under the May 2026 contract increased by 6.38%, reaching 77.52 US dollars per barrel, APA-Economics reports.

On the New York NYMEX commodity exchange, the price of WTI crude oil for export in April 2026 also rose by 6.09%, amounting to 71.1 US dollars per barrel.

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