Oil

Oil prices fall for the second day in a row. A barrel of Brent mix is cheaper by about 1%. Not even data from OPEC. In its monthly report, the cartel said cut production in February by nearly 200 thousand barrels per day. The decrease mostly attributable to lower shipments …

By the end of the year the price of oil will be in the range from 40 to 50 dollars per barrel. This opinion is shared by Russian energy Minister Alexander Novak, reports on Monday, March 14, RIA Novosti. “I think we will have price in range from 40 to …

Oil prices start week with slight decline, and today, it is possible to begin the corrective phase. Let us consider the main trends and developments in the oil market. So, first of all should pay attention to the meeting of the Minister of energy of the Russian Federation Alexander Novak …

Iran plans by the end of March to increase oil exports to 2 million, and in the second half of 2016 – up to 3.6 million barrels per day. And discuss the freezing of oil production it is not ready – until then, until you reach production of 4 million …

World oil prices during Monday trading range near $ 40 amid conflicting signals about the future balance of supply and demand in the market. Price of may futures for Brent crude on London’s ICE Futures exchange at 8: 00 (Moscow time) has risen on 0,15% – to 40,45 USD per …

Low oil prices are not a benefit, but a blow to the United States. Furthermore, the low quotations of black gold make increasingly uncertain future of the American economy. Such statements are made not just anybody, but the American scientists and economists. “It is believed that low oil prices have …

Tehran will be ready to join the discussion on the freezing of oil production after the annual production of Iran will increase to 4 million barrels, according to the Agency ISNA. “Let us leave alone until then, until we will reach the milestone of 4 million barrels per day. After …

China in 2015 surpassed Germany in volume purchased from Russia of crude oil, thus becoming the largest importer of Russian black gold, reads the monthly report of the International energy Agency (IEA). “The date of the Maritime transport suggest that China imports more oil on EMBEDDED and at the end …

Experts of the International energy Agency (IEA) stated that the return of Iran to the global oil market was “less dramatic” compared with expectations, and the country is likely to increase production gradually. This is stated in the review released today by the IEA. As specify in the Agency, following …

The meeting of leading oil-producing countries without the presence of Iran and the United States will not make sense from the point of view of improving the situation on the world oil market. This opinion was expressed by senior analyst “Alpari” Anna Bodrov. She recalled that earlier this week, “investors …