Despite ongoing tensions following a jetliner incident, Azerbaijan and Russia are prioritizing trade and infrastructure ...

Kazakhstan has pumped record high oil volumes despite damage on its main export route via Russia, the Caspian Pipeline Consortium (CPC), industry sources said on Thursday.

The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...

An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023. REUTERS/Pascal Rossignol/File Photo Oil prices were little changed on Thursday ...

India-Russia trade via INSTC rises USD 66 bln in 2024. Find the latest news from the maritime industry on the PortNews website.

The real-time price of Brent crude oil is at $76.49 per barrel, and the price of WTI crude oil is at $72.86 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...