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Brent Oil - Azerbaijani oil prices (August 3-10)
Last week, the maximum price for Azeri Light CIF oil amounted to $47.16 per barrel, while the minimum - $45.39. The average price of Brent Dated reference grade oil amounted to $43.06 per barrel last ...
Outlook for crude oil prices strengthens through 2021 as markets approach key ‘pivot point’ of recovery
The IHS Markit Brent price outlook has been revised upward to an average price of S$42.35/bbl in 2020 and S$49.25/bbl in 2021 – up US$7.09/bbl and US$5.25/bbl, respectively, from the outlook in May.
Oil and Stocks Mixed on Stimulus Talks Failure
Last week oil markets ended the week in the negative territory mainly due to concerns for a fall in demand, now there are fears that the current economic recovery could be affected by a second wave of ...
Saudi Aramco profit collapses but oil giant retains $75bn dividend
State oil giant Saudi Aramco saw profit collapse nearly 75 per cent in the second quarter as the coronavirus pandemic decimated oil prices.
Oil rises 1% on Saudi Aramco's upbeat demand view, Iraq supply cut
Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shore up the U.S. economic recovery capped ...