Azerbaijani Oil Prices Take Nosedive
Wedoany.com Report-Jan 22, The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by $0.53 on January 21 compared to the previous rate, landing ...
Oil Prices up on Tighter OPEC Supply, US Jobs Data
Wedoany.com Report-Jan 8，Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic a...
Oil Prices Steady Amid Dollar Strength and OPEC+ Concerns
Wedoany.com Report-Dec 03, Oil steadied as strength in the US dollar and lingering concerns that OPEC+ won’t delay its production hike undercut signs of a gradual recovery in China’s econo...
Election Euphoria Ends For Oil Prices
Wedoany.com Report-Nov 16, The International Energy Agency (IEA) expects there to be an oil surplus of more than 1.0 million bbl next year based upon a continuing decline in demand centered around Chi...
Oil Prices Rangebound Amid Weak Demand Outlook
Wedoany.com Report-Nov 13, Oil held near November lows, settling near $68 a barrel, as increasingly bearish fundamentals capped the session’s gain. In the physical market, a key supply gauge sug...
Oil Prices Rally 1.5% As OPEC+ Delays Production Hike
Wedoany.com Report-Nov 4, Oil prices rose sharply in Asian trade on Monday after the OPEC+ said it will delay a planned output hike in December by at least a month, citing recent pressure on prices fr...
BP Beats Estimates Despite Lower Oil Prices
Wedoany.com Report-Oct 29 ,FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter. On Tuesday, it posted an underlying replacement cost profit, used as a proxy for net ...