Global Oil Prices Rise – Brent Surpasses $104

09:50 - 22.05.2026


 May 22, Fineko/abc.az. Oil prices have recorded an increase during trading operations on global commodity exchanges.

ABC.AZ reports that on the London-based ICE Futures Europe exchange, the price of July contracts for Brent crude oil rose by 1.51% to settle at $104.13 per barrel.

Meanwhile, on the New York Mercantile Exchange (NYMEX), the price for June futures of WTI (West Texas Intermediate) crude oil increased by 0.97% to stand at $97.28 per barrel.