oil prices

Brent oil price to return to $90?

The Brent oil price will return to $90 per barrel, Saxo Bank said in one of its Outrageous Predictions released today. The bank also said that Russia and the OPEC states will announce a new significant reduction of oil output in 2020. …

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The Azerbaijan reform model

The new model was built upon the local conditions and challenges to contribute to the future sustainable development of the country

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Russia's crude export duty to be raised in winter

Russia's crude export duty will be increased by $2.2 to $90.5 per ton from December 1, 2019, according to the Russian Finance Ministry's website. Russia's current crude export duty is $88.3 per tonne. From October …

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Brent oil slips below $60

International Brent crude fell 0.53% today on the ICE Exchange in London to settle at $559.92 a barrel as of 14:22 Moscow time. The last time Brent was below $60 on October 23. 2019, TASS recalls. …

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Brent oil price exceeds $61

Oil prices slipped this morning amid persistent concerns about a weak demand outlook, after posting sharp gains in the previous session following a surprise crude inventory drawdown in the United States. Brent crude futures fell 17 …

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