World prices for “black gold” on Wednesday morning growing in electronic trading in London and new York exchanges. Futures for oil Brent with delivery in August on the London exchange ICE Futures rose 0.56% to $48,85 per barrel earlier today, surpassing $49 a barrel. August futures on light crude oil …
Read More »Siluanov: the price of oil today is different, and to spend the Reserve Fund should be carefully
The Minister of Finance of the Russian Federation Anton Siluanov believes that the spending of the Reserve Fund in the current year should not exceed 2.2 trillion rubles. he said this today, speaking during the “government hour” in the Federation Council. “We see that the price of oil today is …
Read More »The price of OPEC oil basket increased slightly
The price of OPEC oil basket on Tuesday, June 28, rose $0.14, or 0.31%, to $44,46 per barrel, whereas in the previous trading day it was $44,32 a barrel, the materials on the website of the cartel. The term “basket” of OPEC (OPEC Reference Basket of Mar) was officially introduced …
Read More »Why is gasoline more expensive, when oil prices fall
We, the citizens of the “country gas station”, there is quite a strong opinion that if the world price of a barrel of a certain brand decreases, then at the pump we should also see a steady decline in prices. I often hear the outrage about this, so I decided …
Read More »The Ministry of Finance and the Ministry of energy close to the tax compromise
The Agency held a meeting on taxes in the oil industry Last week the energy Ministry and the Finance Ministry have discussed the implementation of a new concept of taxation for oil and gas industry. Following the meeting, the Agency agreed to submit to the government an agreed position on …
Read More »Oil prices rising in anticipation of the publication data US Department of energy
World oil prices are now showing positive dynamics on the background of the message the American petroleum Institute on the reduction of stocks of raw materials, and pending statistics, US Department of energy. As of 07:56 GMT the cost of the September futures for Brent crude grew to $of 49.49 …
Read More »Russia has become a world leader in the supply of oil to China
Russia in January-may of 2016, took first place for oil supplies to China, which rose by 42 per cent to 22.17 million tonnes. On Tuesday, June 28, reports TASS, citing data from the China customs. In second place is Saudi Arabia, which for five months has increased oil exports to …
Read More »Middle East oil Germany not got
On the eve of the attack of the fascist aggressors in the USSR, they planned to seize the major oil fields of the Middle East – in Iraq, Saudi Arabia, Kuwait and the UK. “Gas station” of the Third Reich and its puppets was Romania. Synthetic (coal) oil were produced …
Read More »Oil prices are falling, Brent crude stays above $48 a barrel
World prices for “black gold” on Monday morning, reduced in electronic trading on the London and new York exchanges. Futures for oil Brent with delivery in August on London’s ICE Futures exchange slipped by 0.27% to $of 48.28 per barrel. August futures on light crude oil WTI on the new …
Read More »The smart money is put on the collapse of oil
The results of the referendum in the UK, according to preliminary surveys, are leading supporters of leaving the EU. Against this background, falling almost all risky assets. In particular, oil prices fall by 5%. It seems that the big players are counting on such movements in oil prices. In the …
Read More »