Bank Of Baku

Oil prices surge by more than $4 on global markets

Oil prices surge by more than $4 on global markets
# 18 July 2026 10:30 (UTC +04:00)

The price of Brent crude for September 2026 delivery rose by 4.59% to $88.10 per barrel during trading on the ICE London Intercontinental Exchange, APA-Economics reports.

The price of WTI crude for August 2026 delivery also increased by 4.48% to $82.49 per barrel on the New York Mercantile Exchange (NYMEX).

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