The price of Brent oil exceeded 88 dollars for the first time since June 12

The price of Brent crude oil futures for September delivery on the London ICE exchange exceeded 88 dollars per barrel for the first time since June 12, 2026.

This is evidenced by trading data.

According to data as of 21:31 Baku time, the price of Brent rose by 4.52% to 88.04 dollars per barrel. By 21:36 Baku time, the price of Brent accelerated its growth and was trading at 87.74 dollars per barrel (+4.17%).