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Barrel
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There has been a major decline in crude oil prices in the international market, according to a foreign news agency report. The price of Brent crude oil has decreased by 10.67 percent, bringing it down to 98.57 dollars per barrel.07 May 2026-15:56
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Saudi Arabia has reduced its June official selling prices for crude oil to Asia, but the cut was smaller than expected, reflecting continued market uncertainty.06 May 2026-15:37
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Contrary to dire warnings from market analysts, the global energy sector is proving remarkably resilient despite ongoing geopolitical tensions.22 Apr 2026-12:35
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Tehran is leveraging cryptocurrency to bypass sanctions by demanding digital tolls from oil tankers transiting the strategic waterway.13 Apr 2026-11:26
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Russia will see revenue from its biggest single oil tax double to $9 billion in April due to the oil and gas crisis triggered by the US and Israeli attack on Iran.09 Apr 2026-14:47
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Global oil prices have seen fluctuations as the deadline set by US President Donald Trump for Iran to reopen the key Strait of Hormuz shipping route approaches.07 Apr 2026-18:59
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The price of Azerbaijan's Azeri LT CIF oil rose by $2.99, or 2.46%, to reach $124.24 per barrel in the global market.28 Mar 2026-14:58
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Brent crude oil, the international benchmark, topped 90 U.S. dollars per barrel during Friday's session, the first time since April 2024, trading data showed.06 Mar 2026-23:03
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