World oil prices - TASS

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US Department of Energy raises Brent oil price outlook to $86.81 in 2026

Brent oil on ICE climbs above $88 per barrel for first time since July 31

Brent oil on ICE climbs above $87 per barrel for first time since July 31

Brent oil on ICE climbs above $86 per barrel for first time since August 4

Price of Brent oil surpasses $85 per barrel on London’s ICE first since August 4

As of 1:54 p.m. Moscow time, the Brent price increased by 1.9% to $85.14 a barrel

Brent falls below $82 per barrel, first time since July 13

By 10:10 p.m. GMT, August 2, Brent had pared losses to trade at $82.89 a barrel

Price of Brent oil on ICE up over 8% amid situation in Middle East

By 6:00 p.m. Moscow time, the price of Brent reached $91.06 per barrel

Price of Brent oil up over 5% on London’s ICE

As of 1:55 p.m. Moscow time, the price of Brent stood at $88.57 per barrel

Price of Brent oil down below $83 per barrel on London’s ICE first since July 17

As of 7:40 p.m. Moscow time, the Brent price was down by 6.32% at $82.4 a barrel

Price of Brent oil down below $88 per barrel on London’s ICE first since July 21

As of 12:32 p.m. Moscow time, the Brent price was down by 9.18% at $87.9 a barrel

Experts do not expect oil to remain above $90 per barrel in near term

For prices to remain above $90 per barrel, the market would require truly significant events

Price of Brent oil up above $85 per barrel on London’s ICE first since June 15

As of 12:23 a.m. GMT, the price was up by 2.78% reaching $85.64 per barrel

Brent crude tops $80 per barrel on ICE for first time since June 22

WTI crude futures for August delivery rose to $75.76 per barrel

IMF projects average price of barrel of oil at $89.27 in 2026, $78.7 in 2027

The Fund expects gas prices to rise by 22% in 2026