The price of Brent crude oil surged sharply

23
Jul

2026
19:15

The price of Brent crude oil futures for September delivery on the London ICE exchange exceeded 101 dollars per barrel for the first time since May 22, 2026.

This is evidenced by trading data.

According to data as of 18:08 Baku time, the price of Brent rose by 7.38%, to 101.01 dollars per barrel.

By 18:18, Brent slowed its growth and was trading at 100.18 dollars per barrel (+6.5%).