The price of oil to reach $ 70 per barrel, said Venezuelan President Nicolas Maduro. That is what he was called to work for global players in the energy market. “A barrel of oil should cost $ 70 to ensure its renewal. It is a necessary and uncomplicated to the …
Read More »The rise in oil prices was the highest since April
Stock quotes of oil brands WTI and Brent showed the most notable weekly growth over the last 4 months. At the end of trading Friday, August 12, crude oil futures have added an average of 2% amid the market optimism generated by the recent comments from the Saudi authorities about …
Read More »Moody’s optimistic about in the global oil sector
The international rating Agency Moody’s for the first time in 2014 improved the Outlook for the oil sector and exploration and mining to stable from negative. An improved Outlook is due to the expected recovery of prices for oil and natural gas, high efficiency business and the company’s efforts to …
Read More »The price of Brent crude oil exceeded $47
In electronic trading on the London stock exchange Brent crude topped $47 per barrel. Such values the price of Brent reached for the first time since July 21. So, as of 21:25 GMT futures on Brent crude oil with delivery in October, rose 2.19 percent, to $of 47.05 per barrel. …
Read More »Brent crude oil rose to 46.6 $
The price of oil on Friday grows, continuing the highest since mid-July day increase of nearly 5% in the previous session earlier, caused by forecasts of the International energy Agency (IEA) and statements of Saudi Arabia, according to the auction. As at 08.00 GMT the cost of October futures for …
Read More »Oil rose sharply in price after the statements of Saudi Minister
The price of Brent crude oil on Thursday evening increased by 4.6%, for the first time since July 22, surpassing the mark of $46. It happened after the journalists were sent out by mistake a draft of an interview with the Saudi energy Minister. The price of Brent oil on …
Read More »Killed in Iraq in charge of operations with oil, the leader of the “Islamic state”
In Iraq eliminated one of the leaders of the international terrorist grouping “Islamic state” (IG), which was responsible for operations with oil. About it reports Reuters referring to the representative of the Pentagon, Adrian Rankine-Galloway. Sami Jassim al-Jabouri, also known as Haji Hamad, along with his assistant were killed during …
Read More »Saudi Arabia increased its oil production to historic highs
Saudi Arabia has increased oil production in July to a record high of 10.62 million barrels per day. This is stated in its monthly report the International energy Agency (IEA), published on Thursday, August 11. In comparison with July 2015, oil production in Saudi Arabia rose by 240 thousand barrels …
Read More »Brent rose sharply, surpassing the mark of $46
The price of Brent oil on the ICE tonight increased by 4.6% and exceeded $46 for the first time since July 22, it follows from these trades. According to 19:14 GMT, Brent crude for October delivery was trading at $of 46.09. WTI crude oil according to 19:11 rose in price …
Read More »The price of OPEC oil basket fell below $41 a barrel
The price of OPEC oil basket on Wednesday, August 10, declined to $0,52, or 1.24%, to $40,57 per barrel, whereas in the previous trading day it was us $of 41.08 per barrel, the materials on the website of the cartel. The term “basket” of OPEC (OPEC Reference Basket of Mar) …
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