The initiator of the freezing of hydrocarbon production is Venezuela, said at the Krasnoyarsk economic forum, Deputy head of the Ministry of energy of Russia Anatoly Yanovsky. On Saturday, February 20, reports TASS. “The initiator of this topic was Venezuela, which during these months suffered from lower prices [for oil], …
Read More »Ecuador’s President predicted increase in oil prices to 200 dollars
In the medium term, the price of oil could rise to $ 200 per barrel. This was stated by the President of Ecuador, Rafael Correa, reports El Universo. “Cessation of investment that we experience in the oil sector, the closure of hundreds of drilling, for example in the United States, …
Read More »Became known proponent of freezing oil
The initiator of the freezing of world oil production was made by Venezuela. About this informed the Deputy head of the Ministry of energy of Russia Anatoly Yanovsky on Saturday, February 20. According to Yanovsky, Venezuela has decided to take this step due to the fact that suffered from reduction …
Read More »The Cabinet allocated LUKOIL and Rosneft’s new fields
The government has granted Rosneft the right to use the Central Tatar subsoil area in the sea of Japan and Gusinozersk the subsoil plots in the Barents sea. The corresponding order published on the website of the Cabinet. A one-time payment for the right to use a subsoil area in …
Read More »Ecuador’s President predicts oil at $200
The price of black gold in the medium term, can jump up to $200 per barrel. This assumption, according to the ABI Agency, was expressed by the President of Ecuador, Rafael Correa, commenting on the negotiations between the Russian Federation and the OPEC countries about the possibility to freeze the …
Read More »Who and what fills the tank farm in the US?
Lately, there’s been a lot of talk about that store in the largest oil hub in the US – Cushing – filled almost to capacity, but yet the fact that the filling associated with the oversupply and lack of demand. Earlier this month Reuters reported that even before the download …
Read More »Why the drop in drilling does not reduce production
The final stretch of the shale revolution. The fall in the number of working oil rigs in the U.S. is happening at the fastest rate in a year, according to Baker Hughes. It seems that at current oil prices to swing has little sense of meaning. How else to explain …
Read More »Deripaska called on to prepare for the dollar for a hundred rubles – “no better”
Business risks the oil Maria Beschastny <source srcset=”/p/142805/m-142805.jpg” media=”(min-width: 428px) and (max-width: 671px)”/><source srcset=”/p/142805/l-142805.jpg” media=”(min-width: 672px)”/> Photo: AP/TASS Material comment: Vladislav Ginko <iframe id=”AdFox_iframe_525382″ frameborder=”0″ width=”1″ height=”1″></iframe> The head of “RUSAL” Oleg Deripaska believes that in the coming years oil prices will go up. On the contrary, the billionaire …
Read More »Russia will increase oil production on the background of the agreement with OPEC
Oil production in Russia will increase, despite an agreement to freeze production. This was during the Krasnoyarsk economic forum, said Deputy Prime Minister Arkady Dvorkovich, reports Rambler News Service. “The agreement (with the OPEC countries — approx. “The tape.ru”) fixes the production at the level of January 2016. This level …
Read More »Staying alive: kancevci are hedging oil at $45
American oil companies, failing to recover after an 18-mesyachnogo the fall in oil prices, started to hedge future production this week, fearing it could be their best chance to get $45 per barrel for 2017 and beyond. As oil prices recovered slightly this week, the us shale company for the …
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