oil prices

The average annual price of a barrel of Azerbaijani oil on the global market since 1995 has been $58.9,  the Chairman of the Central Bank of Azerbaijan, Taleh Kazimov,  said at a meeting of the Milli...

Norwegian oil company Equinor halted production at the Johan Sverdrup offshore oil field, the largest in Western Europe, due to an outage at a coastal substation.

Russia criticized for oil and gas deals at COP29 conference

Oil prices for benchmark grades have decreased for the second consecutive day, driven by a stronger US dollar and expectations of lower global demand for fuel, reports MarketWatch.

Saudi Arabia will lower oil prices for Asia and the United States in December, while raising prices for buyers from Western Europe and the Mediterranean, according to the state-owned company Saudi Ara...

The average price for Azeri Light oil under CIF contracts (including transportation and insurance costs) rose by $2.25 (2.87%) last week, reaching $80.5 per barrel. The maximum price reached $82.91 pe...

Oil prices have sharply risen on news of heightened geopolitical tensions in the Middle East. Brent crude futures for December delivery on the London ICE exchange increased by 5.01%, reaching $75.29 p...

Oil prices accelerated their rise at the beginning of this week following news of escalating tensions in the Middle East. On Monday, November futures for Brent crude increased on the London ICE Future...