Oil

The Finance Ministry does not exclude the decline in world oil prices to the level of $ 30 per barrel for an extended period. This assessment is in the stress scenario Department. On Wednesday, August 31, Deputy Minister of Finance Maxim Oreshkin, reports TASS. “There is a stress scenario in …

Commercial oil inventories in the U.S. increased during the week from 19 to 26 August at 2.28 million barrels to 525,87 million, follows from the report of the energy Ministry of the country. The analysts polled by Bloomberg, expect growth stocks to 2.5 million barrels, according to TASS. Inventories of …

… for leadership in the global market of hydrocarbons observed in the summer of 2016. The outcome of the campaign is not defined – however obvious its initiator, the method of attaining goals and unexpected results in the process of the campaign. The way Saudi oil prosperity in the future …

Oil prices are trying to recover after sharp fall on Tuesday. On the eve on the side of “bears” was and statistics, and statements of various officials, and, of course, the strengthening of the dollar. Let us begin with the latest inventories data from the American petroleum Institute. The statistics …

The British-Dutch Royal Dutch Shell sells company EnVen Energy Corporation deposits Glider and Brutus in the Gulf of Mexico in the USA for $425 million The transaction is expected to close in October. The project comprises an offshore platform, a system of underwater oil production, diverting oil and gas pipelines, …

World prices for “black gold” in the course of today’s trading continues to show a positive trend ahead of data from the American petroleum Institute (API) and the US Department of energy for fuel reserves in the country. As of 14:24 MSK price of November futures for North sea petroleum …

Mexico spent more than $1 billion to fix export prices for oil next year and thus help protect the state budget. The authorities through the annual hedging program designed to protect against volatility in the market and the fall in oil prices recorded in the price of oil at $42 …

Geologists last year found 2.7 billion barrels of new oil reserves, which is the lowest since 1947. Such data contains in research of the consulting company Wood Mackenzie, Bloomberg soobshaet. Compared with the average figure since 1960, the open volumes of oil decreased by 10 times. In 2016, the decline …

Due to the fall in oil prices and the revision of contracts tied to him, Gazprom in 2016, will lose more than $7 billion of net profit, which is about 50% of the previous year. Thus in 2017 the company will have at least two of the proceedings of a …

The explosion occurred at a major California refinery on Friday, the newspaper writes the Los Angeles Times. According to the newspaper, the company, where the incident occurred, is owned by Tesoro. As the representative of the local Department of fire services, at approximately 13: 00 local time blew up a …