The OPEC reference basket price Thursday, June 30, increased by $0,45, or 0.9%, to $of 46.27 per barrel, whereas in the previous trading day it was $45,82 per barrel, the materials on the website of the cartel. The term “basket” of OPEC (OPEC Reference Basket of Mar) was officially introduced …
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Resolution of the government of Canada issued company Enbridge to build a pipeline Northern Gateway repealed by the Federal court of appeal in the country, reports the Wall Street Journal. The government of Stephen Harper in 2014 approved the construction of Enbridge Northern Gateway pipeline, which was to supply not …
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The head of Peruvian state oil company Petroperu Herman Velasquez retired after the third spill for the year, according to Diario Perú 21. The Minister of energy and mines, Rosa Maria Ortiz announced that the company transported oil without a permit, because after the previous spills her work was suspended. …
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Saudi Arabia has moved away from the strategy of increasing sales of oil to the Asian markets and gradually gives way to a share of world trade to their competitors in the hope of a price recovery. On Thursday, 30 June, writes Reuters, citing its own research. Experts point to …
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World prices for “black gold” on Thursday morning are trading mixed in electronic trading on the London and new York exchanges. Futures for oil Brent with delivery in August on London’s ICE Futures exchange rose 1.2% to $50,71 per barrel. August futures on light crude oil WTI on the new …
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Quick return to high oil prices is not expected. This was during the International financial Congress in St. Petersburg June 30, said Chairman of the Bank of Russia Elvira Nabiullina, reports the correspondent.<url>. “The Russian economy must learn to live in conditions of low oil and gas prices. And we …
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Us President Barack Obama said that the price of oil sooner or later will return to growth, according to National Observer. Obama believes that despite the current prices, oil will go up, because it is a limited resource and the process of its production will be more costly. Obama urged …
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Stock quotes of oil Brent and WTI has gained more than 2% on the background data on the reduction of oil reserves for 6 consecutive weeks. The energy information administration under the Ministry of energy of the USA published statistics on commercial oil stocks in the week to 24 June …
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The primary drivers of world oil demand this year is China and other Asian countries, but not Britain, in this connection the problem of the impact of Brexit on the demand and the price of “black gold” seems highly exaggerated. This opinion was expressed Deputy Director of the analytical Department …
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The price of oil rose after the publication of data on its reserves in the US, reports TASS. According to the U.S. Department of energy, commercial oil stocks in the country for the week from 17 to 24 June fell by 4.03 million barrels to 526,6 million. 29 June at …
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