Baku 29° C
Global oil prices rise
Energy
- 26 January, 2026
- 10:02
Global oil prices remained stable on Monday despite a combination of factors weighing heavily on quotes, Report informs referring to trading data.
The price of March Brent crude futures rose 0.05% from the previous close to $65.91 per barrel, while March WTI futures rose a similarly symbolic 0.08% to $61.12.
Late last week, US President Donald Trump told reporters that American warships were heading toward Iran.
Trump threatened to use force against Iran in response to the harsh suppression of days-long protests.
Earlier, the US Department of Energy published data on the country's oil reserves and production. US oil production fell by 21,000 barrels per day to 13.732 million barrels per day in the week ending January 16.
Author
Latest News
21:45
Ilham Aliyev: We are witnessing tangible dividends of peace in economic, trade and other spheres
Foreign policy21:37
Ilham Aliyev: TRIPP holds tremendous potential for ensuring security in South Caucasus
Foreign policy21:29
President: Azerbaijan–US ties have now reached their highest point in 34-year history of diplomatic relations
Foreign policy21:25
Ilham Aliyev: Azerbaijani society embracing peaceful environment that has emerged in the region
Foreign policy20:11
Work on transport infrastructure in Azerbaijan nearing completion as part of TRIPP
Foreign policy20:06
Donald Trump highly appreciates President Ilham Aliyev's role in peace process
Foreign policy19:58
Ilham Aliyev and Donald Trump hold telephone conversation
Foreign policy19:56
Witkoff: South Caucasus is safer, more prosperous and more stable
Region19:40