Baku 21° C
Benchmark crude oil prices rise over 1%
Energy
- 22 May, 2026
- 09:52
Add Report.az to preferred Google sources
Stay up to date with the top news!
Oil prices rose on the morning of May 22 after declining on May 21, Report informs referring to trading data.
July Brent crude oil futures on London's ICE Futures exchange rose 1.68% to $104.3 per barrel.
WTI crude oil futures for July on the New York Mercantile Exchange (NYMEX) electronic trading rose 1.11% to $97.42 per barrel.
Market participants continue to monitor the situation in the Middle East, assessing the prospects for a resolution to the conflict between the US and Iran.
Analysts fear that a possible ban by Iran on the export of enriched uranium will further complicate the negotiations between Tehran and Washington, for which the Iranian nuclear program is a key issue.
Author
Latest News
02:29
Photo
Video
Sites of Memory of Western Azerbaijan: How was Amasia, once home to Azerbaijanis, Armenianized?
Domestic policy
00:01
Six years pass since another deadly missile attack on Ganja by Armenia
Domestic policy
00:00
Today marks sixth anniversary of Fuzuli's liberation from occupation
Domestic policy
23:41
Photo
Events calling on Armenia to address mine problem held in six European countries
Foreign policy
23:13
AI agents hack systems of several companies in India
ICT
22:53
Azerbaijani weightlifter Gasim Ismayilov claims three medals at European U-23 Championships in Albania
Individual sports
22:29
NYT: White House press secretary fired after five days on the job
Other countries
22:22
European Commission to propose additional funding for Ukraine in 2027
Other countries
22:12
Trump denies involvement in Starlink slowdown in Ukraine
Other countries