Shorouk Express Oil&Gas Materials 22 July 2025 18:27 (UTC +04:00) In the first half of 2025, Azerbaijan exported 686,000 tons of crude oil and related products worth $378 million to Romania. This marks a $165.8 million or 1.8-fold increase in value and a 341,500-ton or 2-fold rise in volume from the same period…
Shorouk Express BAKU, Azerbaijan, July 20. The average prices of Dated Brent, Azeri LT CIF, Azeri Light FOB Ceyhan, and Urals (EX NOVO) crude oil decreased this week, Trend reports. The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan’s Azeri-Chirag-Gunashli field went down by $2.42 (3.22 percent) compared to…
Shorouk Express Oil&Gas Materials 25 June 2025 11:55 (UTC +04:00) Photo: KazMunayGas Askhat Khassenov, Chairman of KazMunayGas, held a production meeting with KazakhOil Aktobe LLP, where 2025 production results and development plans were reviewed. Access to paid information is limited If You already have a account, please log in …
Shorouk Express The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US The price of oil plunged Monday after Iran retaliated against U.S. attacks on its nuclear sites by…
Shorouk Express Economy Materials 19 June 2025 08:39 (UTC +04:00) Azerbaijan’s white oil production slightly declined to around 267,000 tons in the first five months of the year, showing a marginal drop compared to last year. Meanwhile, the overall value of oil product output decreased by about five percent, totaling roughly 2 billion…
Shorouk Express Economy Materials 15 June 2025 14:26 (UTC +04:00) Kazakhstan’s current account balance is expected to remain in deficit through 2027, with projections worsening due to falling export revenues and persistently strong demand for imported goods, according to the latest economic outlook by the National Bank of Kazakhstan (NBK). Access to…
Shorouk Express Economy Materials 18 May 2025 00:28 (UTC +04:00) Oil demand in OECD countries rose sharply in the first quarter of 2025, driven by colder-than-usual weather and increased use of heating fuels, according to the International Energy Agency. Despite this early boost, the IEA expects demand across the region to decline over…
Shorouk Express Economy Materials 17 May 2025 00:13 (UTC +04:00) Azerbaijan’s white oil production reached 196,000 tons from January to April 2025, reflecting an 8.3% decline compared to the same period in 2024. Despite this decrease, the total value of oil product production amounted to 1.6 billion manat ($941.1 million), marking a 9.9%…
Shorouk Express Oil&Gas Materials 14 May 2025 15:36 (UTC +04:00) Photo: INPEX The drop was attributed to both lower sales volumes and prices in the crude oil and natural gas segments. Access to paid information is limited If You already have a account, please log in Subscription to…
Shorouk Express US President Donald Trump has rolled out new tariffs on car and oil imports from around the world, with some countries more exposed than others. How will Spain hold up? This week US President Donald Trump confirmed what he had long been threatening and his government will from April impose 25 percent tariffs…
