Baku, Azerbaijan, Dec. 15 By Taleh Mursagulov - Trend: Average price of AZERI LT CIF, extracted at Azerbaijan's Azeri-Chirag-Gunashli block of fields, was $62.09 per barrel on Dec. 10-14 or $1.1 less than the previous week. The highest price of AZERI LT was $63.01 per barrel, while the lowest price was $62.02 per barrel during the period. Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports of Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia via the Baku-Supsa pipeline and railway. Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia's Novorossiysk port. Average price of URALS (EX-NOVO) was $57.5 per barrel, which is $0.48 per barrel less than the previous week. The highest price for URALS was $57.9 per barrel and the lowest price was $57.22 per barrel on Dec. 10-14. Average price of Brent Dated was $59.74 per barrel on Dec. 10-14 or $0.59 per barrel less than the previous week. The highest price … [Read more...] about Azerbaijani oil prices for Dec. 10-14
Oil
The ‘UK’s first cannabis oil superstore’ to open in Derbyshire
A brand new cannabis-based 'superstore' is set to open in Derbyshire. Hemp HQ, which will be based in Granby Street, Ilkeston, will sell a variety of products including vapes, Cannabidiol (CBD) and hemp-based products. The store is part of a joint venture between vape shop Cloud 57 in Nottinghamshire and 36-year-old Sandiacre businessman Mark Morgan who says that CBD and hemp products are becoming popular around the world. He said: "I went to New York recently and there are coffee shops dedicated to putting CBD in their coffee. It's the new thing and I want to bring some of that over here. "I do think that there are a number of medically unproven health benefits to CBD but many people use it help their anxiety and help with cancer treatment, help them relax before they go to university and do their exams. "I think it's something that could really take off and that's why I wanted to open a store like this. There are many people who believe that CBD oil helps them in many areas of their … [Read more...] about The ‘UK’s first cannabis oil superstore’ to open in Derbyshire
US pressure more on Iran’s oil products rather than crude oil
Tehran, Iran, Dec.15 Trend: Iran Oil Minister Bijan Zangeneh has indicated the heavy US pressure on Iran's sales of oil products, and the effects of sanctions on the country's "gas plans" with Pakistan. "The threats against OPEC have partly foreign and domestic origins. The current trend in the market indicates that the OPEC's positive move on cutting the oil output was accepted," the minister said, Trend reports citing ILNA. He described the recent OPEC meeting as being 'under serious US pressure', and said that the major pressure against Iran was inflicted by two neighboring countries. "If we would have agreed with the cut in production, 600,000 barrels of crude oil would be reduced from our production, but through Iran's persistence, the country was exempted from the OPEC output cut plan," he said. Zangeneh, further speaking about the US sanctions, said the pressure was more on the oil products than crude oil. Follow Trend on Telegram. Only most interesting and important news … [Read more...] about US pressure more on Iran’s oil products rather than crude oil
Oil explorer could strike it rich after finding hot water in sea
The green energy project would be revolutionary for the Irish energy sector - the first large scale example of its type here, with Ireland well behind on meeting its carbon emissions targets. The boiling water is located 3,000 metres below the sea bed, at a location where it gets heated by its proximity to the earth's crust. The project would be a type of "geothermal" energy - energy derived from the heat under the surface of the planet. A number of significant players in the geothermal energy sector have expressed an interest in the idea and are due to travel to Ireland next month to discuss how it could be progressed beyond the research stage. The boiling water is located in an area of the Porcupine Basin off the south west coast of Ireland. Providence Resources, run by Tony O'Reilly jr, was looking for oil there in an area known as Dunquin North, but found only residual amounts. However the presence of the boiling water presents the opportunity to generate energy in a different … [Read more...] about Oil explorer could strike it rich after finding hot water in sea
‘Cannabis oil means our boy knows who Santa is for the first time ever’
Grinning from ear to ear with his endearing gappy smile as Santa hands him a present, Alfie Dingley is thrilled to bits. Like most children, the seven-year-old has been looking forward to meeting Father Christmas. But, unlike most youngsters his age, Alfie has only just understood who Santa is. So, for the first time since he was born with a rare form of epilepsy – and thanks to a landmark drugs ruling – his family can at last celebrate the festive season properly. Alfie has a disorder called PCDH19. There are only nine known cases among boys world wide. It causes clusters of life-threatening seizures – up to 150 a month in Alfie’s case – in addition to learning difficulties, compulsive disorders and autism. The only thing which gave the family any respite from the relentless night terrors, ambulance call outs and uncontrollable violent outbursts, as well as the seizures, was cannabis oil. To access it they had to … [Read more...] about ‘Cannabis oil means our boy knows who Santa is for the first time ever’