Azeri Light crude sells for $68.53

11.01.2020 [14:50]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.23 to stand at $68.53 ...

Ample supplies, weak global demand growth to cap oil prices in 2020: IEA

11.01.2020 [12:34]
The global oil market is expected to be well-supplied in 2020 and demand growth could stay weak, keeping a lid on prices, the head of the International Energy Agency told Reuters on Friday. "We are expecting a demand growth of slightly higher than 1 million barrels per day ...

Oil prices decrease on world markets

11.01.2020 [12:29]
Oil prices have fallen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.39 to stand at $64.98, while the price of Light crude oil at the NYMEX ...

Global oil and gas discoveries reach 4-year high in 2019

11.01.2020 [10:29]
Global oil and gas discoveries in 2019 of 12.2 billion barrels of oil equivalent (boe) represents the highest volumes since 2015, according to Rystad Energy's data on Thursday, Anadolu Agency reports. Ongoing investments of U.S. company ExxonMobil in Guyana with additional four new ...

Azeri Light crude sells for $68.30

10.01.2020 [15:53]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $1.16 to stand at $68.30. ...

ACG achieves 500 millionth tonne production milestone

10.01.2020 [15:01]
BP as the operator of the Azeri-Chirag-Gunashli (ACG) oil field proudly announced on behalf of its partners in the ACG project – SOCAR, Chevron, INPEX, Equinor, ExxonMobil, TPAO, ITOCHU, ONGC Videsh Ltd (OVL) – that on 26 December 2019 the field produced the 500 millionth tonne of oil ...

Oil prices fall on world markets

10.01.2020 [11:26]
Oil prices have fallen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.07 to stand at $65.30, while the price of Light crude oil at the NYMEX ...

BP Azerbaijan Vice President: Total production from Azeri-Chirag-Gunashi oil fields exceeds 500 million tons

09.01.2020 [17:16]
A total of 500 million tons of oil has been produced since the commissioning of operation of Azeri-Chirag-Gunashli (ACG) oil fields in the Azerbaijan sector of the Caspian Sea, BP Vice President for Communications, External Affairs and strategy in Azerbaijan ...

Oil prices rise on world markets

09.01.2020 [15:29]
Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.48 to stand at $65.92, while the ...

Azeri Light crude sells for $69.46

09.01.2020 [12:27]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.58 to stand at $69.46. ...

Azerbaijan’s energy minister attends inauguration of TurkStream

09.01.2020 [09:52]
Azerbaijan’s Energy Minister Parviz Shahbazov has attended the launch of the TurkStream project in Istanbul. Along with Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, senior government representatives ...

Oil prices rise on world markets

08.01.2020 [12:13]
Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.64 to stand at $68.91, while the ...

Oil prices rise on world markets

30.12.2019 [13:14]
Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.21 to stand at $68.37, while the ...

Oil prices on world markets

29.12.2019 [12:16]
On London ICE (InterContinental Exchange Futures) the Brent crude oil traded at $68.16, while the Light crude at the NYMEX (New York Mercantile Exchange) sold for $61.72 ...

Azerbaijan becomes first largest gas supplier of Turkey

28.12.2019 [12:45]
By exporting 932 million cubic meters of gas to Turkey in October, Azerbaijan became the country`s largest gas supplier. According to Turkey’s Energy Market Regulatory Authority (EMRA) report, Turkey`s gas import from Azerbaijan increased by 113 million cubic meters in October compared to September this year ...

Azeri Light crude exceeds $69

28.12.2019 [12:16]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.59 to stand at $69.09. ...

OPEC+ cuts can't last forever, Russia's energy minister says

28.12.2019 [11:13]
OPEC+ output cuts have stabilized the global oil market but can’t last forever, Russia said as uncertainty persists over the future of the agreement beyond March, according to Bloomberg. “Oil-production cuts can’t be eternal; we will gradually need to make a decision on exiting” the accord ...

Oil prices rise on world markets

28.12.2019 [10:58]
Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.24 to stand at $68.16, while the ...

Oil prices rise on world markets

27.12.2019 [12:46]
Oil prices rise on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.06 to stand at $67.98, while the price of Light crude oil at the NYMEX ...