The Azerbaijan State News Agency

ECONOMY

Oil prices rise in global markets

Oil prices rise in global markets

Baku, May 12, AZERTAC

Oil prices increased in global markets.

On the London ICE (InterContinental Exchange Futures) exchange, the price of Brent crude rose by $1.11 to $105.32 per barrel, while the price of Light crude on the NYMEX (New York Mercantile Exchange) increased by $1.38 to $99.45 per barrel.

Share news on social media

Follow us on social network

Other news in this section

Azerbaijan, World Bank review cooperation in financial access and transport
  • 02.10.2026 [21:38]

Azerbaijan, World Bank review cooperation in financial access and transport

European Commissioner: Azerbaijan pursuing ambitious plans to boost regional connectivity
  • 02.10.2026 [19:57]

European Commissioner: Azerbaijan pursuing ambitious plans to boost regional connectivity

Azerbaijan’s role in regional connectivity, Middle Corridor opportunities discussed
  • 02.10.2026 [19:46]

Azerbaijan’s role in regional connectivity, Middle Corridor opportunities discussed

Azerbaijan’s National Confederation of Entrepreneurs becomes member of Belt and Road Global Forum
  • 02.10.2026 [19:30]

Azerbaijan’s National Confederation of Entrepreneurs becomes member of Belt and Road Global Forum

Minister: Azerbaijan supplied 12.8 bcm of gas to Europe last year
  • 02.10.2026 [18:38]

Minister: Azerbaijan supplied 12.8 bcm of gas to Europe last year

Azerbaijan, Greek customs services to develop joint action plan
  • 02.10.2026 [18:13]

Azerbaijan, Greek customs services to develop joint action plan

Central Bank and World Bank Mission discuss enhancement of credit guarantee mechanism
  • 02.10.2026 [18:04]

Central Bank and World Bank Mission discuss enhancement of credit guarantee mechanism

® Win an apartment, a car and an iPhone 17 Pro with Azercell!
  • 02.10.2026 [17:15]

® Win an apartment, a car and an iPhone 17 Pro with Azercell!

® ABB holds General Meeting of Shareholders
  • 02.10.2026 [17:10]

® ABB holds General Meeting of Shareholders

Congo's Ebola outbreak has killed more than 4,000, government data shows

  • [22:02]

Azerbaijani swimmers set new records at World Cup

  • [21:59]

Azerbaijan, World Bank review cooperation in financial access and transport

  • [21:38]

Four Azerbaijani taekwondo fighters to compete in Albanian tournament

  • [21:20]

EU Council delegation visits Azerbaijan’s liberated territories

  • [21:15]

8th Congress of New Azerbaijan Party wraps up

  • [20:32]

EU Council delegation visits Azerbaijan’s Aghdam district

  • [20:16]

Azerbaijan’s Deputy Defense Minister holds series of meetings on sidelines of ADEX 2026

  • [20:15]

Top stories update

  • [20:00]

European Commissioner: Azerbaijan pursuing ambitious plans to boost regional connectivity

  • [19:57]

Algeria, European partners sign declaration on 'SoutH2' green hydrogen corridor

  • [19:56]

Azerbaijan’s tourism potential showcased in Austria

  • [19:54]

OTS countries enhance healthcare cooperation

  • [19:48]

Azerbaijan’s role in regional connectivity, Middle Corridor opportunities discussed

  • [19:46]

World’s second-largest indoor ski resort opens in Baku

  • [19:44]

Chair of Supreme Court of Georgia visits Azerbaijan’s Khankendi and Khojaly cities

  • [19:32]

Azerbaijan’s National Confederation of Entrepreneurs becomes member of Belt and Road Global Forum

  • [19:30]

Caspian Sea and the Middle Corridor: Aktau hosts Azerbaijan-Kazakhstan forum

  • [19:08]

Minister: Azerbaijan supplied 12.8 bcm of gas to Europe last year

  • [18:38]

Gilani calls for stronger Pakistan-Australia parliamentary, bilateral ties

  • [18:33]

Agricultural breakthrough: Tajikistan’s grain production surges with record harvest

  • [18:17]

Azerbaijani young artist wins Wolfson College Painting Competition 2026 of Oxford University

  • [18:17]

Constitutional Court delegation visits Uzbekistan

  • [18:16]

Azerbaijan, Greek customs services to develop joint action plan

  • [18:13]

Central Bank and World Bank Mission discuss enhancement of credit guarantee mechanism

  • [18:04]

EU Council delegation visits Khankendi

  • [18:03]

Kyrgyzstan and Ghana held first political consultations at FM’s level

  • [17:56]

COP31 Presidency launches Marine Litter Action Platform in Trabzon

  • [17:50]

Proposed amendments to New Azerbaijan Party Charter approved

  • [17:45]

Lithuanian border guards turn back eight irregular migrants at the Belarus border in 24 hours

  • [17:42]

Azerbaijan’s Prosecutor General attends 24th Meeting of SCO Prosecutors General

  • [17:41]

EU Council delegation visits Shusha

  • [17:40]

Azerbaijan’s Ombudsperson participates in ENOC’s 30th Annual Conference and General Assembly

  • [17:39]

YAP Inspection Commission’s composition unanimously approved

  • [17:38]

Composition of New Azerbaijan Party Board approved

  • [17:37]

YAP Inspection Commission’s report approved unanimously

  • [17:33]

Tahir Budagov: The New Azerbaijan Party unanimously supports President Ilham Aliyev’s policy

  • [17:20]

Azerbaijani, Turkish defense ministers attend “ADEX 2026” exhibition

  • [17:17]

® Win an apartment, a car and an iPhone 17 Pro with Azercell!

  • [17:15]

AMADA joins international meeting in Paris

  • [17:13]

Chair of Georgia’s Supreme Court visits Azerbaijan`s National Aviation Academy

  • [17:11]

® ABB holds General Meeting of Shareholders

  • [17:10]

Tashkent to host the 11th International Biennale of Contemporary Art

  • [17:08]

® Tech women empowerment: Bir launches training for “Ctrl is hers” winners

  • [17:07]

8th Congress of New Azerbaijan Party held VIDEO

  • [17:00]

President Ilham Aliyev’s social media accounts shared post highlighting 8th Congress of YAP VIDEO

  • [16:56]

Azerbaijan’s investment opportunities presented in Ankara

  • [16:50]

Global food prices hit four-year high in September: FAO

  • [16:32]

“ASAN Khidmet” delegation participates in "TEKNOFEST"

  • [16:29]

ADEX 2026 – 6th Azerbaijan International Defence Exhibition underway in Baku

  • [16:19]

Ibrahimaj: Albania aims for €8.5 billion in tourism revenue by 2030

  • [15:47]

4th session of Joint Commission for Promotion of Economic Cooperation between Azerbaijan and Croatia held

  • [15:40]

Azerbaijan`s national spirit at Paris Fashion Week

  • [15:39]

UN High Commissioner: Women must be at the centre of efforts to prevent conflict and build lasting peace

  • [15:38]

Previously unseen works by Christo and Jeanne-Claude to be presented at Sofia Art Fair

  • [14:48]

1st new supermarket opens in Fukushima Town since nuclear accident

  • [14:36]

Japan hit by nationwide flu outbreak

  • [14:16]

Shusha hosts trilateral meeting of defense ministers of Azerbaijan, Georgia, and Türkiye

  • [14:10]

Azerbaijan and Baku honored with World Aquatics Foundation Environmental Award

  • [14:03]

Activities of New Azerbaijan Party assessed as satisfactory

  • [13:25]

Croatia hosts Azerbaijani Music Night

  • [13:11]

President: Minimum wage, pensions and social benefits to be increased next year

  • [13:03]

Arkia cleared to launch Dubai rescue flights today and tomorrow

  • [13:03]

London hosts presentation of 2nd International Media Friendship Awards

  • [13:01]

Azerbaijani and Turkish defense ministers hold bilateral meeting in Shusha

  • [13:01]

Presidential Assistant: Azerbaijan is creating new political realities in the region

  • [12:45]

Ministers of Defense of Azerbaijan and Georgia discuss issues of common interest in Shusha

  • [12:43]

China's railway passenger trips hit record single-day high

  • [12:40]

Hikmat Hajiyev: Our commitment to peace received very strong reciprocity from the US

  • [12:26]

Azerbaijan’s Deputy Minister of Defense holds series of meetings as part of ADEX 2026 exhibition

  • [12:09]

Japan eyes 5-year intensive investment in 17 strategic fields

  • [11:56]

Heads of Defense Industry Institutions of OTS meet in Baku

  • [11:53]

12 killer whales found dead on New Zealand beach

  • [11:45]

President Ilham Aliyev: In the coming years, the Great Return will proceed even faster

  • [11:36]

President Ilham Aliyev: Today, Azerbaijan has become a very serious geopolitical and security factor

  • [11:34]

Hikmet Hajiyev: We would like to wish future generations not to suffer from conflicts

  • [11:33]

President: Azerbaijan is one of the rare countries that produces, extracts, and exports all types of energy resources

  • [11:31]

Azerbaijani President: We have never displayed hypocrisy toward any country

  • [11:24]

Discussions with international partners continue as part of ADEX-2026

  • [11:22]

President Ilham Aliyev: We play a unifying role to strengthen Islamic solidarity

  • [11:20]

Kyrgyzstan and Turkmenistan to expand investment cooperation

  • [11:20]

President of Azerbaijan: Modern ideological work must be conducted

  • [11:17]

Assistant to the President: We are concerned that revanchist forces are quite predominant in Armenia

  • [11:14]

President: We must shape our foreign policy so that no one interferes in our internal affairs

  • [11:12]

TEPCO begins inserting robot arm to retrieve Fukushima nuke fuel debris

  • [11:09]

President Ilham Aliyev: I am confident that every patriotic Azerbaijani takes pride in their state

  • [11:06]

President of Azerbaijan: One of the main tasks is to strengthen our military capabilities

  • [11:00]

Azerbaijani oil price jumps by over $5 on global markets

  • [11:00]

Hikmet Hajiyev: If peace is not provided in the Caucasus, we could have different realities in the region

  • [10:58]

Gold and silver prices rise on global markets

  • [10:58]

Oil prices fall in global markets

  • [10:57]

President Ilham Aliyev: Today, Azerbaijan is a country deserving great respect on the international stage

  • [10:55]

President: The political course of the National Leader remains unchanged

  • [10:53]

“Power of Unity – 2026” exercise concluded

  • [10:53]

President: If Heydar Aliyev had been in Azerbaijan at that time, he would never have allowed separatist tendencies to take root in Garabagh

  • [10:48]

Death of 7 miners in Philippines likely due to gas poisoning: Police

  • [10:45]

President Ilham Aliyev: The return of Heydar Aliyev to power was the demand of the people

  • [10:41]

Azerbaijani President: Following our glorious Victory, our efforts were focused on fully restoring our territorial integrity

  • [10:37]

President: The current Armenian leadership used to make territorial claims against us

  • [10:32]

YAP Chairman: This is the first time our congress is held after Azerbaijan fully restored its territorial integrity and sovereignty

  • [10:25]