China in July 2016, cut oil imports from Russia by 21.4% from the previous month to 3,228 million tons, the General administration of customs of PRC. Overall, the country acquired in July 31,07 million tons of oil (plus 1.2% of the index in June), informs “News of Economy”. Thus, the …
Read More »Iraq and Iran have refused to limit oil production
Iraq and Iran are shying away from implementing the idea to restrict the level of oil production to stabilize prices on the world market and aim to increase our share in the world market. The Prime Minister of Iraq Haider al-Abadi (Haider al-Abadi), as reported by TASS with reference to …
Read More »In the Red sea spilled oil threatened the beaches and coral reefs
The beaches of Jordan and Saudi Arabia are under threat of pollution because of the massive oil spill in the Red sea. Also spill threatens coral reefs and the Israeli resort of Eilat. In total spilled into the sea more than two hundred tons of oil. The accident occurred in …
Read More »Iraq threatens barrel
The growth of oil exports by Iraq, 35% will not allow the barrel to rise above $55 Aleksey Topalov AP Iraq calls on companies operating in the country, and increase production and exports. In addition, Baghdad is establishing relations with Iraqi Kurdistan — the only thing that will allow …
Read More »The U.S. government has recognized the link earthquakes in Texas oil production
Federal US regulators came to the conclusion that the recent earthquakes in the us state of Texas, obviously, associated with the disposal of waste water during drilling in the oil and gas industry, which confirms the findings of scientists of the universities of the state, writes Reuters. Officials of the …
Read More »The price of Brent crude oil again topped $50 a barrel
The price of oil Brent has returned to growth and once again exceeded $50 per barrel. The price increase came after two days of “settling” the cost of futures. As of 18:05 Moscow time quotations of the October gold futures on the mark Brent on London exchange ICE Futures rose …
Read More »The MAYOR: the growth of oil prices is largely speculative in nature
Oil prices showed an increase of more than 20% and break the mark of $50 per barrel, a rise largely for speculative reasons. This was reported in the press service of the Ministry of economic development, RIA Novosti reported. The Department stated that this is due to the upcoming September …
Read More »The rig count in the United States grows nearly two months in a row
The number of drilling in the United States shows continuous growth for nearly two months. Now the number of plants is maximum in six months. The increase occurs on the background of the rise in oil prices, reports The Financial Times. From 12 to 19 August was added 10 drilling …
Read More »The ruble slid with oil needle
Photo: Pavel Kassin / Kommersant 1 The ruble slid with oil needle Commodity market have little effect on the currency 19.08.2016 15 Yesterday the price of European Brent crude oil for the first time since the beginning of July rose above $50 per barrel. …
Read More »The Indians left the Americans without oil
The actions of the protesting Indians in the state of North Dakota stopped working one of the largest pipelines in the country. Native Americans are confident that the launch of the pipeline will cause irreparable damage to the environment. The company is engaged in construction, filed a lawsuit in Federal …
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