Price of oil

The price of oil, or the oil price, generally refers to the spot price of a barrel of benchmark crude oil. The price of a barrel of oil is highly dependent on both its grade, determined by factors such as its specific gravity or API and its sulphur content, and its location.

As with all commodities, the oil price is determined by the balance between supply and demand. The supply of oil is dependent on geological discovery, the legal and tax framework for oil extraction, the cost of extraction, the availability and cost of technology for extraction, and the political situation in oil-producing countries. Both domestic political instability in oil producing countries and conflicts with other countries can destabilise the oil price. For example, the Iranian Revolution of 1979 led to a jump in oil prices.

The demand for oil is dependent on global macroeconomic conditions. According to the International Energy Agency, high oil prices generally have a large negative impact on global economic growth.

Latest News for: Argan oil price


9 best hair mousse for defining curls, adding volume and taming frizz

The Independent 21 Jan 2021
9 best hair oils that lock in moisture, prevent damage and add shine ... Buy now £22, Marks & Spencer {{#hasItems}} Price comparison ... Buy now £5.99, Lookfantastic {{#hasItems}} Price comparison ... Rich in argan oil, which FYI smells incredible, this mousse is made with curly hair in mind, adding definition and fullness to lacklustre locks....
photo: Creative Commons
Woman touching hair

12 best shampoos and conditioners for afro hair

The Independent 20 Sep 2020
Creme of Nature Argan Oil Moisture and Shine Sulphate Free Hair Shampoo ... Sunu Ker Rosemary ’n’ Argan Oil hair mask ... This is a pre-shampoo hair mask treatment made using rosemary and argan oil ... For a natural, 100 per cent vegan product with quality, sought-after ingredients like argan and rosemary oils, I don’t think £6 is a bad price at all....

The best hair conditioner you can buy

Business Insider 24 Mar 2020
Out of thousands of bottles, shoppers agree that Silk18 Argan Oil Hair Conditioner is the best — no matter your hair type ... The best conditioner overall Silk 18 Silk18 Argan Oil Hair Conditioner is an Amazon bestseller formulated with silk amino acids and argan oil to treat a variety of concerns from scalp dryness to frizz....

The women who make argan oil want better pay

BBC News 06 Feb 2020
Prof Charrouf says she is also concerned by the rise of industrial argan oil production, where the oil is extracted mechanically on a large scale, driving down prices ... its argan oil from small co-operatives that sign up to fair trade principles.Global Trade....

St. Regis Saadiyat Island Resort, Abu Dhabi marks 8 years of service

Gulf Daily News 08 Dec 2019
Available throughout the celebratory week for a special price, this purifying ritual begins with the application of concentrated olive soap, infused with Argan oil that softens the skin, while the steam helps to open the pores and clear any congestion....

Why facials oils are a must for your winter skincare routine

The Daily Dot 15 Oct 2019
Argan and yangu oils have powerful anti-inflammatory properties ... BUY ON SEPHORA 4) Josie Maran 100% Pure Argan Oil ... Josie Maran’s Argan Oil is a well-known product in skincare circles, and using it will tell you why immediately. Argan oil hails from Morocco and is a rich ......

The best facial oil

The Virginian-Pilot 03 Oct 2019
Some oils that reduce the redness, stinging, and blotchiness associated with sensitive skin are evening primrose, argan, apricot kernel, borage seed, and tamanu oil ... Plant oils that prevent this skin type from getting too shiny or breaking out include sesame, prickly pear, jojoba, grapeseed, rosehip seed, maracuja, and argan oils....

Long week? Treat yourself with these bargains

The Virginian-Pilot 20 Sep 2019
These sales are ordered from lowest to highest cost, and all prices were current at the time of publication ... The best of the rest (ordered by price) ... Argan Oil Shampoo and Conditioner from Majestic Pure. Morrocan argan oil adds shine to create healthy-looking hair, which is why argan oil-based beauty products have gained so much popularity....

The pushy tout’s guide to Marrakech

Mail Guardian South Africa 08 Aug 2019
An hour and several tiny cups of sweetened Moroccan tea later, we emerged with three over-priced rugs ...Argan oil?” he asked hopefully ... he gets some spices from the spice merchant, argan oil from the herbalist (“the good bottles, not the ones they mix with olive oil”), and the carpet shop owner gives him a sheep once a year....

The beauty industry needs to wake up – you can’t be ‘ethical’ if you’re exploiting ...

The Independent 07 Jul 2019
Union Des Cooperatives De Femmes Arganes (UCFA) is the first and largest women’s argon co-operative selling sustainable Argan oil to beauty companies across the world ... One of the brands partnered with the UCFA is Cocoon Therapies, which specialises in argan oil-based products ... I was in search of the best quality [argan oil]....

Argan Oil: Morocco’s ‘Liquid Gold’

Mercola 27 Dec 2018
But that was a long time ago, and you'll be relieved to know that most of the Moroccan argan nuts today are painstakingly picked from the trees and the oil handmade by all-female, local cooperatives.3 Although a bottle of high-quality argan oil can fetch a high price, the benefits that it offers surely make it worth every cent....

Why argan oil is so expensive

Treehugger 01 Nov 2018
If you've ever seen Moroccan argan oil on cosmetic store shelves, you may have wondered how anyone could charge $50 for a tiny bottle of organic oil ... Locals have been making argan oil there for a long time ... So that's how argan oil is made. I will never complain about argan oil prices....