A Libya crude oil pipeline, belonging to the al-Waha oil firm and working to Sidra port, was attacked and set on hearth by an unknown “terrorist group,” inflicting the lack of as much as 100,000 barrels ...

US President Donald Trump has accused the Group of the Petroleum Exporting Nations (OPEC) of propping up oil costs, which have reached their highest stage in over three years. Learn Extra at mysouth.su ...

China lastly launched final month its yuan-denominated crude oil futures which were within the works for years, after a number of delays. Learn Extra at mysouth.su

Crude oil exports carried out by way of Japanese Siberia–Pacific Ocean (ESPO) oil pipeline might considerably profit from yuan-denominated oil futures launched by China final month, in response to trade specialists. Learn Extra at mysouth.su ...

Russia has shipped over 5 million tons of crude oil or 1.32 million barrels per day (bpd) to China in a single month. Statistics present it's the largest crude oil provider to China for the previous ...

Crude oil costs have been falling on Thursday following information that US oil manufacturing has surged above 10 million barrels per day. Brent crude was buying and selling at $ 65.05 per barrel at 10:40 ...

The price of Brent crude oil exceeds $ 65 per barrel, following the data of the trading on the London stock exchange.

The last time the price of Brent crude oil exceeded $ 60 per barrel on 3 July 2015.

Prices for "black gold" again began to grow in anticipation of the extension of the agreement to reduce its production. So, in the July futures for Brent crude today started the cost of more than $ 53 per barrel (an increase of 0.9 percent).

The value of the futures contracts of Brent crude oil with delivery in January 2017 above $ 49 per barrel for the first time since 1 November. The maximum price rose to $ 49.7 for each. Analysts attribute the growth of the oil with the expectations to come ...