Oil price goes up, Brent exceeds $104 a barrel

09:18 - 16.03.2026


March 16, Fineko/abc.az. Prices for oil of benchmark grades are rising in Monday’s trading after last week’s growth.

As of 09:11, at the ICE Futures exchange, May’s Brent crude futures grew by $1.64 (1.59%) up to $104.78 per barrel. Following the trading on March 13, May’s futures for Brent increased in price by $2.68 (2.67%) up to $103.14 per barrel.

By 09:11, at the NYMEX stock exchange, April’s futures for WTI crude oil rose by $0.87 (0.88%) up to $99.58 per barrel. Following the trading on March 13, the price of April’s WTI futures observed growth by $2.88 (3.11%) up to $98.71 per barrel.

Last week, crude oil Brent rose by 11.27% and WTI by 8.59%.