Oil

The United States exported a record in may, after the lifting of the embargo, the volumes of oil and 2.8 million tons or 662 thousand barrels per day. On Thursday, 7 July, Reuters reported, citing data from the U.S. Bureau of statistics (Census Bureau). It is the largest export volume …

World oil prices Thursday, July 7, grow, reflecting data from the American petroleum Institute (API) on the reduction of reserves of this fuel in the United States, RIA Novosti reported with reference to the auction. As of 07:54 GMT cost of the September futures for North sea Brent blend rose …

Experts continue to argue about the short and medium term future price of black gold. And their forecasts are not so pessimistic, as it was until recently. As stated in an interview with Bloomberg TV, the CEO of major oil trader Vitol Group Ian Taylor, the end of the year …

Oil prices finished Tuesday fall to around 5%, the news background is dark, and while there are no prerequisites for the resumption of the quotes is not visible. The panic and got to the oil market. At Tuesday’s quotes of “black gold” fell by almost 5% – the largest drop …

The price of Brent crude oil during today’s trading on the ICE exchange fell nearly 4.5%. In this case, the minimum cost of a barrel fell to $47,86 is the lowest price since early July of 2016. As of 18:25, Brent crude oil price was $47,92, according to RBC. Experts …

Information about oil stocks in the United States, surpassing the reserves of Russia and Saudi Arabia, looks like an attempt speculative effect on the market. On Tuesday, July 5, on their page Facebook wrote the Minister of natural resources Sergey Donskoy. No confirmed data about movement of the USA in …

World oil prices on Tuesday have increased decline during today’s trading amid fears of markets for the stability in world demand for “black gold” in connection with Britain’s decision to withdraw from the EU (Brexit), as well as news on output growth in Nigeria. As of 14:32 GMT the cost …

The Polish company Lotos acquired from Iran, 2 million barrels of oil in one transaction. As reported the Agency “Prime”, said Director for international Affairs of National Iranian oil company NIOC Mohsen, Kamsari. Oil, according to him, was loaded on a tanker at the terminal on Kharg island. Extra large …

Journalists the Financial Times reported a number of problems with funding the representatives of the oil and gas companies of the USA, transfers “the Newspaper.<url>. In particular, there has been a sharp decline in sales of the bonds, showing the lowest results over the last ten years. Thus, in accordance …

US surpasses Russia and Saudi Arabia for total recoverable oil reserves. It is reported by The Financial Times . Recoverable oil reserves in the United States at existing fields, explored and unexplored areas, is 264 billion barrels, Russia – 256 billion barrels, and Saudi Arabia – 212 billion barrels. After …