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Oil prices plunge after US-Iran ceasefire

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Oil prices plunge after US-Iran ceasefire

Oil prices on global markets have sharply fallen following the ceasefire agreement reached between the U.S. and Iran.

Axar.az informs that Brent crude is currently trading at $95.04 per barrel, while light crude is at $96.72 per barrel.

For comparison, yesterday Brent was priced at $111.70 per barrel and light crude at $116.44 per barrel.

Additionally, the price of one barrel of Azerbaijan’s Azeri Light crude dropped by $1, or 0.7%, to $140.68 yesterday.

Date
2026.04.08 / 12:24
Author
Axar.az
See also

Crude oil prices slide on world markets

ADB releases Azerbaijan’s economic growth forecast

Global oil prices announced, Azeri Light surges

Global oil prices fall sharply

European gas prices plunge after US-Iran ceasefire

Global oil prices rise

Global oil prices have been announced

OPEC nations reaffirm Ccmmitment to market stability

Global oil prices have been announced

'Azeri light' crude jumps over 8%, nears $142

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