Oil

All the world’s oil reservoirs are overflowing, their reserves exceed three billion barrels. While OPEC has not yet made a decision on the possible time limit of fuel production. On Tuesday, September 27, announced the Secretary-General of the cartel Muhammad Barkindo, reports TASS. “It’s still being discussed,” said Barkindo, answering …

An informal meeting of OPEC will be held on 28 September without the participation of Russia, said today the Secretary General of the cartel Muhammad Barkindo. “No. This meeting only members of OPEC,” he said, answering the question TASS whether to take part in the informal meeting of the organization …

The Nigerian authorities have accused major oil companies of the world in illicit export of oil to the United States for a total of $12.7 billion According to the Associated Press, the Federal court of Lagos, have registered claims against such companies as Chevron, Royal Dutch Shell, Agip (a subsidiary …

Russia’s envoy to OPEC, Vladimir Voronkov stated that Russia agreed to sign an agreement to stabilize oil prices for a period of one year. “We want an agreement that would ensure sustainable stabilization of oil prices,” he said, adding that such criteria annual agreement fully meets, reports “Interfax”. The OPEC …

Today, despite the election results, the oil remained in the range of the end of the previous week. 46-50 dollars depending on the brand. The fact is that Venezuela plays on the question about the freezing of production. Let’s look at why in fact no country of Custody is not …

World oil prices are rising. This is according to electronic trading on the London and new York exchanges. Up to $43,78 per barrel rose October futures for light oil of mark WTI on the new York Mercantile exchange (NYMEX) (increase of 0.46%). At the same time on London’s ICE Futures …

In 2017, the year the Ministry of Finance planned to replenish the budget including through the tax exemptions for oil producers. We are talking about a sum of 200 billion rubles. However, at a meeting with Deputy Prime Minister Arkady Dvorkovich with representatives of relevant agencies and oil companies, which …

In the last few months, the dynamics of oil prices relatively stabilized. From March 2016, when the average monthly price of Brent amounted to 38.7 us dollars. per barrel price will not fall below 42 dollars, and sometimes gotten to pleasing the eye around $ 50. As of 14 September …

The Ministry of Finance considers very probable the realization of a stress scenario with oil price at $ 30 per barrel in the next few years. With such pessimistic forecast, as the video News Service, Deputy Minister of Finance Maxim Oreshkin at the annual conference of Fitch ratings Agency. The …

On the background of the nonperforming debt and growing threats to the security of its citizens and companies in Venezuela, China’s changing relations with the country, which lent about $60 billion, the newspaper “Vedomosti”. As a result, the Caracas can no longer receive loans and investment from Beijing. This will …