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Oil prices decreased in early trade on Tuesday following reports of China's falling export rates in October and the strengthening of the U.S. dollar. International benchmark crude Brent traded at $84.29 per barrel at 9.48 a.m. local …
The World Bank reported that oil prices could be pushed into “uncharted waters” if the conflict between Israel and Hamas widens, which could result in increased food prices worldwide. The World Bank’s …
Oil prices rose on October 24, recovering some of the previous day's losses, as investors remained nervous that the Israel-Hamas war could escalate into a wider conflict in the oil-exporting region, causing potential supply disruptions. …
The price of a December 2023 futures contract for Brent crude oil has risen above $90 per barrel on the London ICE exchange on Friday, for the first time since October 4, according to trading data. As of 07:533 p.m. Moscow time, the …
The escalation of the situation in the Middle East may affect the global energy market, Russian Deputy Prime Minister Alexander Novak said. "We obviously discuss those issues. Any such events in the world may somehow …
There is no fuel shortage in Russia, its production has increased
The price of Brent crude oil futures contract with November delivery on London’s ICE exchange exceeded $95 per barrel for the first time since November 15, 2022. According to exchange data at 06:52 Moscow time, the Brent price …
Brent oil futures for November delivery reached the highest since November 16, 2022 on ICE in London, trading at more than $94 a barrel, data from the exchange show. Futures climbed by 2.05% to $94.08 a barrel at 23:13 Moscow time, …
The price of Brent crude oil futures contract with November delivery on London’s ICE surpassed $93 per barrel for the first time since November 16, 2022. According to the exchange data as of 13:49 Moscow time, Brent oil price grew …
Iranian oil prices experienced a significant increase of $6.1 per barrel in August, according to recent data from the Organization of Petroleum Exporting Countries (OPEC). These figures reveal that Iran supplied oil to its …
Russian oil-export revenues rose to a 10-month high in August, according to the International Energy Agency. Russia received $17.1 billion last month from overseas supplies of crude oil and petroleum products, $1.8 bln more than in …
Brent oil continues to rise in price. Today the price of a barrel has risen above $92.
Oil prices continue to rise. Brent benchmark rose above $90 per barrel for the first time in 10 months, and WTI reached $87
Russia's export duty on oil will rise by $4.5 to $21.4 per tonne beginning on September 1, 2023, according to the Russian Finance Ministry. The government plans to increase the oil export duty next month, up by a …
The price of futures contracts of Brent crude oil for October delivery rose above $88 per barrel on London's ICE on August 10 for the first time since January 27, 2023, according to trading data. As of 10:21 a.m. Moscow time the …
Russia has started cutting oil supplies abroad in advance. Next month, it is planned to implement the all the declared agreements within the framework of OPEC+, the Ministry of Energy announced.
Benchmark crude oil prices are rising again, and the reason for this is the upcoming meeting of the US Federal Reserve, which is scheduled for tomorrow, July 25. The US Federal Reserve is expected to raise the discount rate by 25 basis points.
The Ministry of Finance of the Russian Federation announced that Russia reduced the export duty on oil to $15.6 per ton from July 1. The duty on light and dark oil products also declined.
President of Azerbaijan Ilham Aliyev has today received Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham Al …
Global prices of oil will rise amid its deficit on the market because of the shortage of investment, Chief Executive Officer of Rosneft Igor Sechin said at …
