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Saudi Arabia announced its intention to stabilize the oil market

The Minister of energy of Saudi Arabia Khalid al-falih spoke about the country’s intention to stabilize the oil market. He said this Sunday, October 23, at the meeting with the head of the energy Ministry of Russia Alexander Novak, RIA Novosti reported. According to him, the negotiations have become “an …

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Nigeria decided to dump in the oil market

Nigeria has officially dropped from November the price of all brands of oil exports. According to the price lists of the National oil Corporation of Nigeria, NNPC, export value of 20 of the 26 varieties, followed by watching Bloomberg has been reduced by at least 1 dollar per barrel. More …

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Humanitarian disaster as a way to achieve victory

The most important event this week was the beginning of the operation to liberate the city of Mosul in Iraq. The widely publicized attack by Iraqi army, with the support of the coalition led by the United States, in Mosul in March 2016 failed miserably. So, at the end of …

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RBC reported the British “clones” of Russian oil companies

At least seven “doubles” of Russian oil companies was registered in the UK from March to July 2016. RBC reports that have familiarized themselves with the registry of companies of the country. We are talking about Rosneft Oil Company Ltd, PJSC Tatneft Ltd Ltd JSC Transneft, LUKOIL Oil Company Ltd, …

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The expert predicted the fall in oil prices to $ 45

The average oil price in 2017 will be $ 45 per barrel. This was stated by the partner of consulting company RusEnergy Michael Krutikhin. “In my opinion, if we look at supply and demand, while the picture for next year, approaching the old mark of 45 dollars per barrel,” — …

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OPEC said, how can last freeze in oil production

Questions on the topic of freezing of oil in the market becomes relevant again. All market participants in the energy trade are interested in stabilizing the oil market. This initiative was earlier supported by President of Russia Vladimir Putin with the aim of achieving the objective prices of petroleum products. …

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“Rosneft” has denied disagreements with the Kremlin for oil

“Rosneft” fully supports the actions of Russia on the world oil market. About it “lente.ru” has informed a press-the Secretary of the company Mikhail Leontyev. According to him, no differences in the vision of the market and measures to normalize the situation in the company and the President of Russia …

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OPEC said, how can last freeze oil production

Most of the supporters of the freeze oil production by OPEC proposes to introduce this measure for six months in order to stabilize the market. While possible revision of this term, said the OPEC Secretary General Mohammed Barkindo at the world energy Congress. — As part of ongoing discussions, the …

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