World oil prices on Friday morning are adjusted upward after a sharp decline the day before because the data of U.S. Department of energy of the great growth stocks of gasoline and distillates. As 06.57 GMT the cost of the September futures for North sea petroleum mix of mark Brent …
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Despite all the economic problems, and the expectation of reduction in demand for oil from China in the coming three months on the oil market gap can be formed, according to the report of OPEC. OPEC noted that in the third quarter has traditionally seen a spike in demand for …
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Oil quotes again reeling. During the whole trading session on Tuesday the quotes have demonstrated rampant growth, but at the end of the day there were constraints. Will it be possible to return to a trajectory of growth or decline will resume? After a nearly 10% drop in oil prices …
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Saudi Arabia lost to Russia the first place on oil supplies to China. The relevant information contains in the monthly report of the Organization of countries-exporters of oil (OPEC), released on Tuesday, July 12. The document says that in may China increased its purchases of Russian oil by 65 thousand …
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To achieve equilibrium in the energy market the price of oil should be above $ 50 per barrel. This was stated by Minister of energy of Saudi Arabia Khalid al-Faleh in an interview with German newspaper Handelsblatt on Tuesday, July 12. According to the official, the current price for hydrocarbons …
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Kuwait is studying the privatization of assets in the oil services, said Deputy Minister of Finance Khalifa Hamada. According to him, the Ministry of Finance of Kuwait and the state oil company Kuwait Petroleum Corporation are discussing the possibility of privatization of assets, with the transaction expected to be service …
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The organization of countries-exporters of oil (OPEC) in June 2016 to increase production of “black gold” for 264 thousand barrels per day — compared to may — up to 32,86 million barrels a day. These data are presented in the July report the cartel. Thus, OPEC has continued to exceed …
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Oil is still Russian goods number one. Fuel and energy complex provides a large part of domestic exports, which is compressed. Russia gets less money from the sale of raw materials. The only thing that grew noticeable, — the supply of wheat and vodka, but they can’t remove the country …
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OPEC increased its oil production to its highest level since 2008, according to data cited in the report S&P Global Platts. In June compared to may 2016 members of the cartel of the country as a whole increased the daily production of 0.3 million barrels to 32.73 million. The largest …
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Oil and other liquid fuel (condensate, fuel exhaust gas and biofuels, will grow in the U.S. from 14.8 million barrels per day by 25.6% to 18.6 million barrels by 2040. These figures are contained in the annual energy forecast of the US Department of energy. According to the Agency, given …
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