Azeri Light crude rises as oil markets see modest gains

Azeri Light crude rises as oil markets see modest gains 14 May 2025 10:00 (UTC+04:00) The price of Azerbaijan’s Azeri Light crude oil rose by $1.09, or 1.62%, reaching $68.22 per barrel on a CIF basis at Italy’s Augusta port, Azernews reports. Access to …

Saudi Crude Flows to China to Remain at 1-Year High in June

Saudi Arabia’s crude oil flows to China are expected to stay at a one-year high of about 48 million barrels in June—roughly the same volume arriving in China from the world’s top crude exporter this month, trade sources told Reuters on Tuesday. Following …

Azeri Light crude oil prices rise on global markets

Azeri Light crude oil prices rise on global markets

The price of Azerbaijani oil of the "Azeri Light" (CIF) brand has increased on global markets, APA-Economics reports. The price of Azerbaijani oil has increased by $1.08 per barrel, or 1.67%, reaching $65.66 per barrel. Note that the previous …

Price of Azerbaijani "Azeri Light" crude rises at global ports

The price of Azerbaijan’s "Azeri Light" crude oil has increased at key Mediterranean export points, Azernews reports, citing the oil market. At Italy’s Augusta port, the CIF (Cost, Insurance, and Freight) price for one barrel of Azeri Light rose …

China Accelerates Crude Oil Stockpiling Amid Sanction Fears

Image Source: Pixabay China’s seaborne crude oil imports reached an estimated 10.9 million barrels per day in April, marking the highest monthly volume since August 2023, Vortexa said. “This surge was initiated by concerns over potential supply disruptions …

Mrvan urges Energy Secretary to give green light for Hydrogen Hub

As the future of the Northwest Indiana hydrogen hub project hangs in the balance, U.S. Rep. Frank Mrvan, D-Highland, questioned the energy secretary about its next steps. Mrvan asked Energy Secretary Chris Wright Wednesday in a House Appropriations …

Questerre Reports First Quarter 2025 Results

(MENAFN- GlobeNewsWire - Nasdaq) THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, May 14, 2025 (GLOBE NEWSWIRE) -- Questerre Energy …

Azerbaijani oil price surpasses $68

Baku, May 14, AZERTAC The price of Azerbaijani oil climbed above $68 a barrel on Wednesday. Azeri Light crude increased by $1.09, or 1.62%, to settle at $68.22 per barrel. Azeri Light recorded its lowest price at $15.81 per barrel on April 21, 2020, and …

Oil prices continue to decline in global markets

Oil prices fell in global markets On the London ICE (InterContinental Exchange Futures), Brent crude dropped by $0.33, settling at $66.30 per barrel, News.Az reports. Meanwhile, Light crude on the NYMEX (New York Mercantile Exchange) decreased by $0.33, …