Market manipulation is a great art. The truth is that not naubise – will not live as old as the world. And yet, it took 20 years and a record drop in the value of a barrel to finally understand a simple thing: the manipulation of the offer may close …
Read More »Broken needle. What will happen to Russia when the oil will run out
Soon in Russia will run out of oil, and the fall will begin production in 2020. With such a warning made by the Minister of natural resources and environment Sergey Donskoy. “Ribbon.ru” understood how the Russian economy will react to the destruction of the Foundation of black gold. The cold …
Read More »The price of oil Brent for the first time since December exceeded $ 42
The price of Brent crude oil exceeded $ 42 for the first time since December 2015. According to 14:00 Moscow time per barrel benchmark grade was given 42,09 dollar. This is evidenced by data the London exchange ICE. On the background of rising oil prices there is a strengthening of …
Read More »The experts explained the collapse in oil prices the statistical error
Oversupply in the oil market that caused the collapse of quotations, may be the result of statistical errors of the International energy Agency (IEA). This means that the price of oil will probably recover much faster than expected. About it writes The Wall Street Journal. “According to the IEA estimates, …
Read More »The media learned the reason for the termination of oil supplies to Belarus
The termination of oil supplies to Belarus due to the fact that the country is violating an agreement to supply fuel to Russia, told the newspaper “Газета.Ru” a source familiar with the situation. The decision was taken at a meeting of the government Commission on the fuel and energy sector …
Read More »Brent crude oil rose above the 41 of the dollar’s weakening against the dollar
Brent crude is trading above 41 dollars per barrel, being held on Friday at levels reached recently. On Thursday oil prices rose more than 4%. The price of a barrel of oil of mark Brent with delivery in may on London’s ICE Futures exchange dropped to $0.12 (0.3%) and $41,42 …
Read More »Media: Saudi Arabia intends to abandon oil
Category “renewable Energy sources” in the community “Politics, economy, society (without bans)”” The Saudi authorities intend to abandon oil as the main source of income and resource supply. The Kingdom intends to focus on renewable energy. It is reported Gazeta.ru with reference to the Agency Bloomberg, which quotes …
Read More »Shareholders of oil and gas companies in the U.S. and Europe will lose more than $7 billion
More than ten American and European oil and gas companies has significantly reduced the dividend due to the sharp decline in oil prices. According to Bloomberg, for that reason, the shareholders of oil and gas companies this year will not receive more than $7.4 billion of dividends, according to RBC. …
Read More »WSJ: low oil prices could be the result of statistical errors
At the International energy Agency can’t see where the “share” of 800 thousand barrels of “extra” oil. If you don’t find that the prices can recover much faster than anticipated. Oil prices can recover much faster than previously expected, writes The Wall Street Journal. The reason for this is that …
Read More »Analyst: rising oil prices will last only until the end of the week
The positive in the world oil market may be quickly exhausted, and in the best case, the increase of oil prices will last until the end of the week. This forecast gives the Deputy Director of analytical Department of “Alpari” Anna Kokoreva. She recalls that “oil prices this morning have …
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