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 …
Read More »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 …
Read More »Belarusians are bought for discount and Russian Railways signed a contract with Klaipedos Nafta to the end of 2019
A long-term contract to provide services for transshipment of petroleum products and liquefied natural gas signed Klaipedos Nafta and Belarusian oil company. According to the report of Klaipedos Nafta, the 72,32% of the stock of which is owned by the state, both sides expressed interest to extend cooperation for a …
Read More »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 …
Read More »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, …
Read More »The world Bank raised its forecast for oil prices in 2017
The world Bank predicts an increase in the price of oil next year to $ 55 per barrel instead of the previously expected $ 53 per barrel. About it reports RIA Novosti, referring to the world Bank. This decision was taken due to the fact that according to the forecast …
Read More »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,” — …
Read More »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. …
Read More »“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 …
Read More »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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