Cost of CEA project made public

Oil gets cheaper, and Brent is at $94.15 a barrel

Prices for oil of benchmark grades are declining in Friday’s trading after rising for four consecutive sessions.

OPEC+ decides to cut oil production quotas

At a meeting on Wednesday the OPEC+ ministers decided to reduce quotas for oil production in November by 2 million b/d,

Oil is stable after increase, and Brent is at $93.43 a barrel

Prices for oil of benchmark grades are growing weakly in Thursday’s trading after a significant rise the day before.

Price of crude oil Brent rose above $93

The price of Brent crude oil at the London ICE Exchange rose above $93 per barrel for the first time since 21 September.

Countries that ready to cut much oil production

Saudi Arabia, Russia and other producers are ready to announce a significant reduction in oil production at the OPEC+ meeting in Vienna on Wednesday

Value of oil drops, and Brent is at $91.75 a barrel

Prices for oil of benchmark grades are declining in Wednesday’s trading after rising following the previous session.

Russia becomes 2nd largest oil supplier to India for September

India’s oil imports from Russia exceeded 18% in September.

Gas price in Europe fell by 10.4%

During today's trading, the price of gas in Europe was set at more than $1,700 per 1,000 cu m.

Oil price grows, and Brent is at $89.29 a barrel

Prices for oil of benchmark grades are increasing in Tuesday’s trading after sharp increase following the previous session.

Will OPEC+ cut daily production?

The next meeting of OPEC+ countries will be held in Vienna on 5 October.

Ilham Aliyev: IGB project has historical significance

Interconnector Greece-Bulgaria has historical significance.

President: Today, Azerbaijan becomes reliable supplier of gas to Europe

Ilham Aliyev: We plan to double our gas supply to Europe

In compliance with the Memorandum of Understanding with the European Commission in the sphere of energy sector, we are planning to increase, to double our supply of natural gas to Europe, at least to double.

Oil gets more expensive, and Brent is at $87.23 a barrel

Prices for oil of benchmark grades are rising in Monday’s trading after falling at the end of September and the 3rd quarter.

Sanctions imposed on 10 more Iranian companies

Cost of oil falls, and Brent is at $87.89 a barrel

Prices for oil of benchmark grades are declining in Friday’s trading

EU countries that called for ‘ceiling’ on prices for imported gas

A group of 13 EU countries, in a letter addressed to the EU leadership, called for the introduction of price ceiling for any imported gas.

Oil declines in price, and Brent is at $85.10 a barrel

Prices for oil of benchmark grades are falling in Wednesday’s trading after rising the day before.

Energy crisis in Italy deepens

The energy inflation in Italy for August made up 76.4%.

This country opposes rise in oil prices

The Iraqi authorities do not want a sharp rise in oil prices.