oil prices

The average price of Azeri Light crude oil, produced from the Azerbaijani "Azeri-Chirag-Gunashli" field on a CIF basis, increased by $4.37 (5.47%) compared to the previous week, reaching $84.26 per ba...

OPEC+ has performed well in previous years, keeping prices above $80 per barrel through its strategy, but achieving this for a fourth consecutive year is proving to be a tough challenge, according to...

The average price of Azeri Light oil, based on CIF contracts (which include shipping and insurance costs for marine delivery), decreased by $0.55 (0.72%) compared to the previous week, reaching $75.58...

The average price of Azeri Light oil for the week ending December 13, 2024, based on CIF contracts (delivered to destination port, including insurance costs) increased by $0.85 (1.13%), reaching $76.1...

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.