For much of the last decade, oil companies in the world's No. 4 producing country have been forced to sell their barrels at a deep discount to global prices due to lack of pipeline capacity to export ...

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Oil price jump brings increased fuel costs

"While we're not expecting prices to shoot up dramatically, it appears that oil is trading up, which in the absence of a stronger pound, means wholesale fuel costs more for retailers to buy in. The ...

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Azerbaijani oil prices decrease

The price of 1 barrel of Azeri Light Azerbaijani oil on the world market decreased by 1.38 US dollars or 1.57% and amounted to 86.93 US dollars, Azernews reports.

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Oil prices surge as Red Sea escalates even further

Oil prices soar on Wednesday amid further escalations on the Red Sea front after Yemeni Houthis attacked an Israeli ship and multiple American warships, with the US vetoing against ending the war.

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Oil prices increase as investors raise red flag over Houthi attacks in Red Sea

Oil prices regained some ground in Asian trade on Wednesday amid concerns over attacks on shipping in the Red Sea and growing expectations that cuts to US interest rates will take longer than thought.

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