The price of Brent crude oil on may 26 for the first six months rose above $ 50 per barrel. The situation in the fuel market is one of the topics of negotiations Sergey Lavrov held in Moscow with his counterparts from the Gulf countries. Discussed other issues — in …
Read More »“RN-Yuganskneftegaz” has paid almost 240 million rubles for an oil spill near Nefteyugansk
“RN-Yuganskneftegaz” and paid a fine of $ 238 million rubles for the oil spill in KHMAO-Yugra. The accident occurred in June 2015 on the pipeline Ust-balykskoye field. A large area of the waters of the ducts Cheuskino and the shoreline was polluted by the oil emulsion. Also affected plots in …
Read More »Poor OPEC countries got into debt because of falling oil prices
Poor OPEC members — Angola, Venezuela, Nigeria and Iraq, who received loans in the context of high oil prices — due to falling prices was in debt, writes Reuters Wednesday, may 25. Now to service their financial obligations these countries have to put to its creditors three times more oil …
Read More »Oil rose on expectations data US Department of energy
World oil prices are rising on Wednesday amid data from the American petroleum Institute (API), speaking about reduction of oil reserves in the country and pending statistics, US Department of energy, according to the auction. As at 08.10 GMT the cost of July futures for North sea petroleum mix of …
Read More »Media: private Chinese refineries could increase imports of oil to 1 million barrels per day
Private Chinese refineries (refinery) can increase the import of oil to 1 million barrels per day in 2016 compared to 620 thousand in the past. As reported by ICIS China, in Chinese ports, in particular, in the port of Shandong province, has accumulated a record number of ships, with oil …
Read More »The President of OPEC made the resumption of negotiations on the reduction of oil production
The President of OPEC, Minister of energy of Qatar Mohammed bin Saleh al-Sada has not excluded that negotiations on the reduction of oil production can be resumed, announced on Tuesday, may 24, Associated Press. According to him, now it is necessary price of at least $ 65 per barrel, which …
Read More »Citigroup has predicted a rise in oil prices to 65 dollars per barrel
Analysts of the international financial holding Citigroup predict that the average price of a barrel of Brent oil will rise to $ 50 in the third quarter of 2016 and to $ 65 by the end of 2017. This service reported market and financial information, MarketWatch, citing a report by …
Read More »Oil fell on the stronger dollar
World oil prices decline on Tuesday under pressure from a strengthening dollar and investors ‘ expectations data on stocks of energy resources in the United States from the American petroleum Institute (API), according to the auction. As at 07.21 GMT the cost of July futures for North sea petroleum mix …
Read More »Bashneft may accrue to buyer without oil
Last week the President of Russia Vladimir Putin has signed the decree about an exception of “Bashneft” from the list of strategic assets, authorizing the privatization of 50 percent shares of the company. While the structure of a future transaction is not defined, the contenders are lining up, and the …
Read More »Goldman Sachs improved the Outlook for oil prices
Experts of American investment Bank Goldman Sachs raised its forecast for the average price of Brent crude oil in 2016 to $ 45 per barrel. Earlier they believed that a reference variety is going to cost $ 39. On Monday, may 23, reports TASS with reference to Bloomberg materials. At …
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