The next meeting of the countries-manufacturers of oil can go in may or early June. This was during the “National oil and gas forum” in Moscow, said the oil Minister of Venezuela, Eulogio Del Pino, reports TASS. “Unfortunately, due to political differences, the participants failed to reach consensus. For this …
Read More »The head of “LUKOIL” predicted increase in oil prices to $ 50 by 2017
The President of the largest private oil company of Russia “LUKOIL” Vagit Alekperov expects the oil price will return to the level of 50 dollars per barrel by the end of this year or early next year, reports “Interfax”. According to him, the bottom is found at the level of …
Read More »Oil freeze disrupted the Arab Prince
The agreement to freeze oil production could disrupt the Saudi Minister of defense, Deputy crown Prince Mohammed bin Salman. It is not excluded that we are talking about a split among the Saudi elite. Venezuelan President Nicolas Maduro accused of trying to disrupt the U.S. agreement. Has repeatedly put forward …
Read More »Iran has no ships to send oil
Iran is ready to fill her whole world oil, only enough ships to send “black gold” of the country simply no. At the end of last week in the media there have been reports that off the coast of Iran is full of tankers that hold about 50 million barrels …
Read More »Why the oil market is not yet ready to decline
Oil prices in the Asian session lose about 2%. Market participants appeared a lot of new information, but almost all of it from the point of view of negative prices. The first thing you should pay attention to data on U.S. inventories from the American petroleum Institute (API). Here again …
Read More »Putin discussed with the Emir of Qatar in Doha
The President of the Russian Federation Vladimir Putin discussed in a telephone conversation with Emir of Qatar Tamim bin Hamad al Thani, the results held in Doha on April 17, meeting of representatives of oil-producing countries, the press service of the Kremlin. It is noted that the conversation took place …
Read More »Iran may return to desanctions levels of oil production in June
Oil production Iran can reach dosection levels within two months, said Deputy Minister of oil of the country, General Director of the National Iranian oil company (NINC) Rokneddin Javadi. According to him, this can happen by the end of the Iranian month of khordad or June 20, reports the IRNA …
Read More »Son of the king of Saudi Arabia was suspected in the collapse of the talks in Doha
Beloved son of the king of Saudi Arabia Prince Mohammed bin Salman has played a crucial role in the failure of the Doha negotiations to freeze oil prices. About it writes The Financial Times. The publication notes that the Prince who wasn’t even present in the Qatari capital, early in …
Read More »Forbes published its first ranking of the largest buyers of Russian oil
Forbes published its first ranking of the largest buyers of Russian oil. In him on the basis of data on volumes of export deals by the end of 2015 included 20 companies. Buyers are in the list in accordance with the total cost of the delivered energy. First place in …
Read More »Kuwait oil makes the sacrifice
In Asian stock markets on Tuesday witnessed a sharp growth. Analysts said that the reason for this was the strike of workers of the oil sector in Kuwait. Stop oil production caused a rise in world crude oil prices. Shares on the MSCI stock index in the Asia-Pacific region outside …
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