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 ...

What is the current oil price today? WTI futures traded at $71.53 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.60%. Brent futures traded at $75.41/bbl, an increase of 0.13% ...

The North Sea crude market experienced a record-breaking trading day, with eight cargoes traded, potentially influencing Brent Crude prices. Major oil companies and trading firms participated in ...

The North Sea crude market, home to the world's most important physical oil-price benchmark Dated Brent, often sees individual traders taking relatively large positions. Image by Igors Aleksejevs ...

U.S. WTI Midland crude differentials rose on Thursday while North Sea loading programmes showed a sizeable rise in supply of benchmark grades for July. JULY PROGRAMMES * Supply of the five North Sea ...

Falling oil prices, driven by Trump's policies and increased OPEC+ output, have reached pandemic-era lows, benefiting ...

BAKU, Azerbaijan, June 6. The CIF price of Azerbaijan’s Azeri Light crude oil at Italy’s Augusta port rose by $0.77, or 1.12% ...

The average price of a barrel of oil in the state budget of Azerbaijan for 2025 is estimated at $70.

North Sea benchmark crude, Dated Brent, increased by $0.87 (1.29 percent) in price from the previous rate, settling at $68.11 ...

Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels ...

The North Sea crude market, which is typically in ... which is used to price more than three-quarters of the traded oil in the world. The unusually high trading activity early this week could push up ...