Liquids
World Oil Prices Continue to Go Down
World oil prices continue to go down, with the WTI down to $ 23 a barrel - a price the market last saw on March 6, 2002.
As of 7:19 pm Bulgarian time, the price of the May futures of the Brent North Crude fell to 11.7% to $ 25.37 a barrel. The price of the May futures of WTI oil fell 17.23% to $ 22.62 a barrel.
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US crude oil inventories rise higher than expectation
The U.S.' crude oil inventories increased higher than the market expectation last week, according to data released by the Energy Information Administration (EIA) on Feb. 5.
World’s smallest jugs attracts attention from abroad
Adnan Çelebi, who has been a craftsman for 30 years in Avanos district of Cappadocia, has been making the world's smallest jugs for 15 years.
Çelebi says that he started making miniature tests especially after requests for weddings.
Oil prices down with lost gains after Trump's comments
Crude oil prices were down on Jan. 8 having lost gains recorded in the previous sessions after U.S. President Donald Trump's comments to calm tensions in the Middle East.
"Iran appears to be standing down, which is a good thing for all parties concerned," Trump said on Jan. 8 amid Iran's attack on two locations in Iraq earlier in the day.
Oil prices up 2 pct as Middle East tensions escalate
Crude oil prices were up around 2 percent at trading start on Jan. 6 with escalated tensions in the Middle East risking secure crude oil supply from the region.
International benchmark Brent crude was trading at $70.17 per barrel at 0630 GMT for a 2.3 percent jump after it closed on Jan. 3 at $68.60 a barrel with a 3.55 percent increase in intraday trading.
Oil prices up 3 pct with tensions in Middle East
Crude oil prices were up by around 3 percent during Jan. 3's trading start as rising tensions in the Middle East threaten secure crude supply from the region.
International benchmark Brent crude was trading at $68.18 per barrel at 0615 GMT with a 2.83 percent increase after closing on Jan. 2 at $66.30 a barrel.
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Antikythera wreck yields new batch of artifacts
Marine archaeologists pull up a net full of ancient ceramic artifacts during a diving expedition at a shipwreck off the island of Antikythera this month. The latest haul of five sandbags, which had been left on the seabed during a previous expedition, included bones, olive kernels, copper nails and a bronze ring. The team also pulled up a basket full of amphora pieces.
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Price of heating oil seen starting at 1.02 euros/liter
The price of heating oil, which will go on sale nationwide on October 15, is expected to start at 1.02 euros per liter, according to the estimates of sellers based on international oil prices and the euro/dollar exchange rate.
Divers flock to Turkish Med to see ancient amphorae
Divers are flocking to the Turkish Mediterranean to feast their eyes on historic amphorae jars buried for thousands of years by age-old shipwrecks.
Eurostat: Bulgaria Ranks 4th with 102% Oil Import Dependency Rate Chart
In 2017 the European Union (EU) relied on net imports for 87% of its oil consumption. This ratio, known as the oil import dependency rate, is unchanged from 2016 and two percentage points below the peak of 89% recorded in 2015, Eurostat reported.