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Russia became the main supplier of crude oil to Azerbaijan in the first half of the year. According to official Azerbaijani statistics, from January to June 2024, Azerbaijan imported 981.38 thousand t...

Expectations of lower demand in China are exerting pressure on the oil market in the context of weakening economic growth in the country. Diesel fuel consumption in China in the second half of 2024 ma...

Oil prices firmed slightly on Monday as traders weighed support from expected summer demand and geopolitical tensions against a stronger dollar.

Oil prices edged up on Monday, aided by hopes of rising fuel demand this summer, although a firmer dollar boosted by lower chances of imminent interest rate cuts capped gains.

In January-April 2024, Azerbaijan exported over 6.928 million tons of crude oil, according to customs declarations, the monthly report of the State Customs Committee of the Republic of Azerbaijan. Acc...

In the first quarter of 2024, KazTransOil JSC transported 75 thousand tons of Russian oil through the territory of the Republic of Kazakhstan to the Republic of Uzbekistan along the Omsk - Pavlodar -...

In January 2024,  Azerbaijan imported 27 thousand 617.99 tons of crude oil worth $15 million 436.58 thousand.  The entire volume of crude oil imports fell on the Russian Federation, the  trade bulleti...

Brent and WTI oil prices ended March and the first quarter of 2024 with steady growth. In March, Brent rose by 4.6%, WTI - by 6.3%. In the first quarter, prices rose by 13.6% and 16.1%, according to D...