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Oil price
Oil Price
Oil Up, Heads for 4th Weekly Gain as U.S. Sanctions Hit Supply
A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024.Wedoany.com Report-Jan 17, Oil prices rose on Friday…
Oil Price
Azerbaijani Oil Moves Upwards in Price
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta grew by $1.22 on January 15 compared to the previous rate, r…
Crude Oil
Basrah Crude Prices Surge Over 5% as Oil Markets Recover
Basrah crude oil prices climbed more than 5%.Basrah Heavy crude increased by $3.74, or 5.08%, to $77.30 per barrel, while Basrah Medium crude climbed by $3.79, …
Oil Price
Azerbaijani Oil Prices Decrease
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by $0.97 on January 14 compared to the previous ra…
Oil Price
Oil Little Changed as Falling US Stockpiles Outweigh Soft Demand Outlook
Crude oil production in KazakhstanOil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and expectation…
Oil Price
EIA Expects Oil Prices to Be Under Pressure From Oversupply in 2025, 2026
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023.Oil prices will be under press…
Oil Price
Azerbaijani Oil Price Surpasses $84
A barrel of Azeri Light crude rose by $2.67, or 3.51 %, reaching $84.53 on Tuesday.The lowest price ever recorded for Azeri Light was $15.81 per barrel on April…
Oil Price
Oil Hits Four-Month High in Boost for Budget
The price of Brent crude, Nigeria’s benchmark grade, extended gains for a third session on Monday, rising above $80 a barrel to its highest in more than f…
Oil Price
Price May Rise as Crude Hits $81 per Barrel
The prices of premium motor spirit and other petroleum refined products may rise in the coming days following the increase in the cost of crude oil prices, such…
Biofuel
January Wasde Reduces 2024-’25 Forecast for Soybean Oil Use in Biofuel Production
The USDA reduced its forecast for 2024-’25 soybean use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released…
Oil Price
Price of Azerbaijani Oil Takes Nosedive
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by 91 cents on January 8 compared to the previous …
Oil Price
Oil Prices Edge Down for Second Day Straight on Rising US Fuel Inventories
Oil prices declined for a second day on Thursday after large builds in fuel inventories in the US, the world's biggest oil user, though expectations for inc…
Oil Price
Azerbaijani Oil Approaches $80 Per Barrel
The price of a barrel of Azeri Light crude rose by $0.15, or 0.19%, settling at $79.63.Azeri Light crude oil reached its lowest level on April 21, 2020, at $15.…
Oil Price
Oil Prices up on Tighter OPEC Supply, US Jobs Data
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices rose on Wednesday as supplies from Russia and OPEC members tight…
Oil Price
Canadian Oil Stocks Rise on Trudeau Resignation
Canadian oil and gas stocks climbed Monday on the news of Prime Minister Justin Trudeau’s resignation, but analysts say the country’s fossil fuel se…
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