According to the Vice-Premier of Russia Arkady Dvorkovich, the suspension of oil production may lead to the termination of falling prices and increase the cost. He noted that should be taken into account a huge number of factors, but a strong decline in prices is not expected. We will remind …
Read More »In the MAYOR rejected the possibility of falling oil prices to 10 dollars
The Ministry rejected the possibility of a fall in oil prices in 2016 to $ 10 per barrel. This was stated on Friday by Deputy Minister of economic development of the Russian Federation Oleg Fomichev. “I do not think oil at $ 10 a barrel a likely scenario,” he said. …
Read More »The US cut production, but oil is getting cheaper
The rapid growth in the oil market has entered a correction. News background tainted data from the U.S. Department of energy and the statements of Saudi Arabia. At the end of Thursday the barrel of the mixture Brent lost more than 1%. Data on stocks in the U.S. once again …
Read More »Dvorkovich: the Price of oil will cease to fall after freeze production
If the agreement between OPEC and countries that are not part of the cartel, by “freezing” of production is reached, oil prices will cease to decline seriously. This was stated on Friday to journalists the Vice-Premier of Russia Arkady Dvorkovich. “Such forecasts are difficult to make, but any serious fall …
Read More »Saudi Arabia rejected the idea of reducing oil production
The foreign Minister of Saudi Arabia Adil al-Jubayr said that the Kingdom is “not ready” to cut oil production, Reuters reports. The idea that among the countries-oil exporters Riyadh needs to cut production to prevent a drop in oil prices, has put forward in Iran. “If other manufacturers want to …
Read More »The price of Brent crude oil strengthened above $35 per barrel, WTI is committed to $32
World prices for “black gold” continues to rise during today’s trading on the background of the fact that Iran supported the idea of limiting the extraction of raw materials. Earlier Thursday, crude oil futures benchmark grade Brent went up by $0.75 to $35,25 per barrel, while futures for WTI — …
Read More »Iran called the Covenant about the freezing of oil production insufficient to stabilize prices
Iran considers insufficient the conclusion of a global agreement on freezing of the level of oil production to maintain reasonable prices. About it reports Reuters referring to a source in the oil industry. “The problem of the market is overproduction. You must do something to get rid of those extra …
Read More »The expert told about the impossibility of freezing of oil production by Iran
Iran will not freeze or reduce the production of hydrocarbons, despite the statements of oil Minister of this country, said the partner of company Rusenergy Mikhail Krutikhin in a conversation with “Tape.ru”. According to the expert, in approving the agreement of the countries-oil exporters of frozen production, Tehran is not …
Read More »Miller and Medvedev asked Sechin to hide information about their purchases
The heads of Rosneft and Gazprom Igor Sechin and Alexei Miller has asked the Prime Minister Dmitry Medvedev to withdraw most of its transactions from the application of the law “On public procurement” for fear of tougher sanctions. The RBC has a copy of a letter with a proposal …
Read More »The media compared the wages of Russian and Western oil and gas companies
The average salary of the top Manager of Rosneft is 28 million rubles a month. Previously, the Corporation has published data on earnings of the management Board. The similar information arrived and from other large Russian companies. So, increased earnings and top-managers “Gazprom” — on 6%. On average, in 13 …
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