White House official: Washington can increase its strategic reserve at market value

The U.S. Administration is not trying to reduce the cost of oil to $70 per barrel, but only expresses its readiness to resume purchases of this energy carrier in its strategic reserve at this price level.

Oil gets more expensive, and Brent is at $93.09 per barrel

Prices for oil of benchmark grades continue rising in Thursday's trading

Gas price in Europe fell below $1,100 per 1,000 cu m

For the first time since 15 June, the price of gas in Europe fell below $1,100 per 1,000 cu m during trading on 18 October.

Oil price grows, and Brent is at $90.40 a barrel

Prices for oil of benchmark grades are rising in Wednesday's trading after falling to lows in more than 2 weeks

Azerbaijan plans to export ‘green energy’ to Europe

Azerbaijan plans to export green energy to Europe in addition to natural gas.

Data on oil carried via Azerbaijan’s main oil pipelines for Jan-Sept

Over the past 9 months 27.505 million tons of oil were transported through the main oil pipelines in Azerbaijan (5.1% more versus Jan-Sept 2021).

Cost of oil rises, and Brent is at $92.31 a barrel

Prices for oil of benchmark grades are increasing in Tuesday's trading.

Daily production of oil with condensate in Azerbaijan amounted to 654,000 barrels

The Ministry of Energy of Azerbaijan has published information on oil production in the country.

Oil gets more expensive, and Brent is at $92.45 a barrel

Prices for oil of benchmark grades are growing in Monday’s trading, after falling following the past week.

Erdogan confirms agreement on creation of a gas hub in Turkiye

The Turkish Ministry of Energy is working over the construction of a new gas hub in Turkiye

Azerbaijan produced 24.5 million tons of oil with condensate for Jan-Sept

Oil production with condensate in Azerbaijan for the past 9 months amounted to 24.5 million tons, and 19.7 million tons were exported.

Azerbaijan extracted 34.4 bn cu m of natural gas for Jan-Sept

Cost of oil rises, and Brent is at $94.83 a barrel

Prices for oil of benchmark grades are increasing in Friday’s trading, but end the week in the red.

Oil price is stable, and Brent is at $92.45 a barrel

Prices for oil of benchmark grades were stable in Thursday's trading after falling for three consecutive sessions.

Putin: Turkey's territory could be main route for gas transportation to Europe

Russia is ready to supply energy carriers to Europe, including the possibility to redirect the volumes of lost gas transit from the Northern Streams through Turkey.

Putin spoke about future of Nord Stream gas pipes

Russian President Vladimir Putin spoke about the future of the Nord Stream and Nord Stream-2 gas pipelines today, October 12, at international forum Russian Energy Week.

Oil gets cheaper, and Brent is at $93.78 a barrel

Prices for oil of benchmark grades continue declining in Wednesday's trading

Moldova named gas volumes it wants to receive from Azerbaijan

Moldova will need 300 million cu m of natural gas in the next two months

Level of reserves in underground gas storages exceeds 91% in Europe

Despite the decline in gas supplies from Russia, European countries continue to fill their storage facilities.

Cost of oil falls, and Brent is at $95.78 a barrel

Prices for oil of benchmark grades are declining in Tuesday’s trading after falling at the end of the previous session

Gas price in Europe has fallen below $1,500

In Europe, the price of gas fell below $1,500 per 1,000 cu m during trading on Monday.