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


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

Orlando Sentinel 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....

Argan Oil Market Anticipated to Grow at a 19.6% CAGR by 2024 | Hexa Research

MENA FN 05 Apr 2018
(MENAFN Editorial) Research Report on Argan Oil Market Size, Share, Growth, Price Trends, Application Analysis, Competitive Strategies and Forecasts, 2016 to 2024 The global Argan... ....

The luxury labels coming out of Africa

BBC News 04 Mar 2018
High-end department shop Harrods is host to Epara Skincare, a beauty product that blends African botanical ingredients such as argan oil, shea butter and liquorice root extract. Each pot comes with a price tag of more than $100 ... So I was very surprised when I was approached by an agent in Hong Kong saying they would like to sell the brand ... She says ... ....

Live out your travel dreams by meandering through Marrakesh

Arabnews 23 Jan 2018
Author ... 1516696507499689000 MARRAKESH ... Spread over three floors — the name translates literally as “The Up and Down Market” — here you will find everything from slippers to fossils, spices to argan oil. Haggle hard, but be aware that regardless of the price you settle on you can get your purchase for a quarter of the price outside the walled city....

Guardian Expands Botaneco Hair & Body Care Collection

Topix 02 Aug 2017
Last update. 31/07/2017 KUALA LUMPUR, July 31 -- Malaysia's pharmacy, health and beauty retail chain Guardian, is expanding its popular Botaneco Garden Organic Argan and Virgin Olive Oil hair and body care collection with new variants. Affordably priced, the Botaneco Garden range is dermatologically tested and proven, it said in a statement ... ....

How to grow your hair back after a period of it falling out

Metro 30 Jun 2017
YAYYYYYY 💃🏻💃🏻 akhirnya indoganic castor oil and argan oil BACK IN STOCK!! 😍😍 ... Argan oil, minyak yg super kaya akan antioksidant dan vit E, super bagus untuk menjaga kelembaban kulit dan kekeyalanannya, juga bagus untuk kulit! Psstt banyak kosmetik2 yg memakai argan sebagai key component mereka loh ... Price idr 159k/30 ml argan oil....

Argan Oil Leave-In Spray 5-oz. Bottle for $8 + free shipping

CNET 12 Apr 2017
Deal Genius offers the Argan Oil Leave-In Spray 5-oz. Bottle for $7.99 with free shipping. That's $6 under the lowest price we could find for a similar item elsewhere. It contains argan oil extract and purports to protect hair from heat styling. Note. The countdown timer on the product page does not reflect an actual expiration time and resets daily ......

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