The official exchange rate as of March 14 is 1.7 AZN/1 USD. The average price of a barrel of oil in the state budget of ...

Alexey Belogoryev noted that uncertainty regarding US policy, potential trade wars, the risk of a recession in the US, as well as the lack of clarity on the future sanctions line regarding oil exports ...

Chinese state-controlled refiners have reduced purchases of Russian oil loadings for March due to concerns over U.S.

Sinopec, China’s largest petroleum and chemical corporation, completely halted all Russian oil purchases in March, while ...

On a FOB basis in the Turkish port of Ceyhan, the price of Azeri Light went down by $0.84 (1.15 percent) to $71.9 per barrel.

Crude oil exports fell $1.37 billion month-on-month to $8.26 billion, while petroleum products dropped $1.07 billion to $5.02 ...

Russia’s oil exports have held firm despite the latest round of US sanctions, but it has been forced to look outside of the ...

India's oil imports from Russia have rebounded in March after three months of decline. Non-sanctioned vessels and diverted ...

Crude traders themselves on Wednesday contributed to what has largely been Trump-led market volatility, by reacting strongly to data indicating tighter than expected U.S. oil and fuel inventories, and ...

Indian imports of Russian crude oil are rebounding in March after a decline earlier in the year, as traders secure ...

Russian oil supplies to India and China fall sharply earlier this year following US sanctions on January 10 that targeted ...

India, the No 2 importer of crude from Russia, has said it would buy Russian oil only if it is supplied by companies and ...