Baku 29° C
Oil prices fall amid progress in US-Iran talks
Energy
- 09 February, 2026
- 10:05
Oil prices fell on Monday after a moderate rise in the previous session, Report informs referring to trading data.
The price of April Brent crude oil futures on London's ICE Futures exchange fell by $0.66 (0.97%) to $67.39 per barrel.
WTI crude oil futures for March on the New York Mercantile Exchange (NYMEX) fell by $0.63 (0.99%) to $62.92 per barrel.
The decline in oil prices is being driven by easing concerns about an escalation of the conflict between the US and Iran, which could lead to disruptions in oil supplies from the Middle East.
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