Oil

China in 2016 could bypass the U.S. and become the world’s largest importer of oil, predicts the Vice-President of the trading company Unipec Fulian Jun. Last year the volume of oil imports by China rose to 6.7 million barrels per day, while the U.S. has reduced imports in the conditions …

The company has already almost equal to the cost of “Gazprom” On Thursday, Rosneft, has reported its financial results for last year. Despite the fall in profit and revenue in dollar terms, the indicators look quite positive compared to other oil companies, both Russian and foreign. Analysts predict that in …

Participation in a meeting in the capital of Qatar is Doha, which is scheduled to discuss the freeze of the level of oil production, have confirmed 12 countries, RIA Novosti reported with reference to Bloomberg data. March 31, oil Minister of Ecuador, Carlos Pareja, Anually on Twitter of the Ministry …

Brent crude on London exchange ICE fell on Thursday, March 31, more than one percentage point, reaching 38,86 USD per barrel. A barrel of U.S. WTI fell by 1.2 percent and traded at 37,84 USD. This is evidenced by data exchange. Falling prices in the commodities market due to publication …

The world prices for oil during the auctions on Thursday have gone down after the publication of the data about growth of stocks of fuel in the U.S. market to another record for 80 years. Quote of may futures on the mark Brent on London’s ICE Futures exchange to 7.55 …

Commercial oil stocks in the USA (excluding strategic reserves) for the week ended 25 March, rose 2.3 million barrels, or 0.4 percent, to 534,8 million barrels. These data are presented in weekly management review of energy’s energy information of the country. Meanwhile, analysts believed that the index will rise by …

  Photo: Tyrone Siu / Reuters Even with the stabilization of oil prices at $50 a barrel in the next three years the Russian economy get out of recession — the forecast of analysts gave a “development Centre” Higher school of Economics (HSE). The fall in GDP over 2015-2019 under …

The price of Brent crude oil during the trading session on 30 March on the London stock exchange rose by more than three percentage points, passed for a mark in 40 dollars for barrel. American brand WTI gained 3.4 percent, reaching 39.6 per dollar per barrel. This significant growth was …

In the opinion of the Central Bank, low oil prices have less impact on the economy as before The situation in the economy is growing better than could be expected given that the second wave of the decline in oil prices. As follows from analytical materials of the Central Bank, …

Oil prices on Wednesday moderately rising on the background data of the American petroleum Institute (API) and data in anticipation of the U.S. Department of energy weekly oil reserves in the country. As at 08.06 GMT the cost of the June futures for North sea petroleum mix of mark Brent …