BP Emphasizes Quality Checks Amid Ceyhan Terminal Oil Issue

Baku: BP has confirmed that oil quality is thoroughly checked before each loading operation at the Ceyhan terminal. BTC Co., in close collaboration with SOCAR, is managing the crude oil in tanks at the terminal, which has been identified as not meetin…

Urals Oil Price Drops by More Than 18%

Moscow: In July of this year, the average price for one barrel of Russia’s main export oil grade, Urals, amounted to 60.37 US dollars, which is 18.4% lower compared to the corresponding period in 2024, APA-Economics reports, citing Russia’s Ministry o…