IG sells Turkey oil at 12 dollars a barrel 05:4224.03.2016 Judging by the documents kept at the disposal of the RT, the oil trade with Turkey was carried out on an industrial scale. The shipment was from fields Kabiba, Rajura, Makhoul and al-kheir. © Photo: RT http://cdn14.img22.ria.ru/images/139569/29/1395692925.jpg” data-preview=”http://cdn11.img22.ria.ru/images/139569/29/1395692922.jpg” data-description=”Documentation of …
Read More »The price of oil fell below 41 dollars per barrel
The price for Brent crude during trading on London’s stock exchange fell by 2.6 per cent to 40.7 per barrel. Texas mark WTI fell by 3.2% to 40,16 dollars per barrel. This is according to the trading platform. Price reduction occurs on a background of growth of industrial stocks of …
Read More »Belarus poured in February the Ukrainian market of diesel and petrol
Delivery of diesel fuel in comparison with February of 2015 has increased by 70%, petrol – by a third. According to Oilnews.com.ua, delivery of diesel fuel from Belarus in comparison with February 2015 added 70% to about 208 thousand tons. Total imports amounted to 277 thousand tons, an increase of …
Read More »Russian companies have fallen in price in dollars, but have risen in price in rubles
The leaders of the Russian oil industry since the beginning of the fall in oil prices have lost 20 to 40% of its capitalization. Only “Rosneft”, “LUKOIL” and “Gazprom” in aggregate, dropped $67,8 billion (and around $40 billion were allocated for Gazprom). However, due to the growth of the dollar …
Read More »Russia will accelerate the “tax manoeuvre”, Belarus will be finished by
Will Russia speed up “tax reform” to extort money from the oil industry more money. For Belarus it will be another blow to the budget. In Russia want to reduce export duty to zero in the near future. It would be a logical final step of the “tax maneuver”. The …
Read More »Production of a barrel of oil costs Russia $ 2
A lot depends on the Deposit type and cycle of exploitation of mineral resources Deputy Minister of energy Kirill Molodtsov said that Russian companies spend for extraction of one barrel of oil about two dollars. The Russian oil industry “feels confident” even in conditions of low prices for “black gold”, …
Read More »Media: export duty to zero
The government intends to accelerate the tax maneuver is to zero the export duty, raise met and to introduce excise duty on crude oil. The Ministry of energy today discusses the reform of oil industry taxation. Among the options to reduce export duty to zero, maybe in the near future, …
Read More »Oil reserves in the US put pressure on prices
Oil prices have no way to determine further movement. On Tuesday, the message from OPEC was pushing quotes upward, however, data from the American petroleum Institute changed the mood of the players, and today oil is getting cheaper. As of 7:40 Moscow time futures on Brent blend is reduced by …
Read More »Russia in January cut oil exports by more than 13%
Oil exports from Russia by the end of January 2016 fell by 2.3% yoy and by 13.4% in December 2015, amounting to 19.2 million tons. Such data results the Federal service of state statistics (Rosstat). During the reporting period, for processing in Russia came to 23.9 million tonnes of oil, …
Read More »Saxo Bank: oil price in the next 5 years will not rise above $60
The price of a barrel of oil will fluctuate in the range of $32-60 within the next 1-5 years, predicts the chief economist of international Finance company of Saxo Bank Steen Jacobson. “My prediction: in one to five, maybe six years the price of oil will fluctuate in a wide …
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