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Oil: Stay updated on the latest oil industry news, trends, and analysis on JMN.info’s ‘Oil’ section. Explore insights shaping the global energy market.

Qatari conspiracy

As the agreement of Russia and OPEC will have an impact on the ruble exchange rate Russia and several OPEC members decided to freeze oil production to prevent further price declines. The market reaction to the agreement was the opposite — Brent immediately fell. “Ribbon.ru” understood how the agreement between …

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A fight for petrodollars

Will the government be able to force oil companies to share the profits Victoria Fomenko The Ministry of Finance of the Russian Federation spoke about the need to reduce tax deductions that receive company — exporters of oil. Representatives of the oil industry, in turn, responded with cries of resentment …

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A barrel of Brent has risen in price to dollar 34,75

April futures for oil of mark Brent has risen in price on the London exchange ICE more than 4 percent, reaching 34,75 USD per barrel. The price of a barrel of American WTI has also risen more than 4 percent to 30.75 per dollar. This is evidenced by data exchange. …

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Iran started exporting oil to Europe

Tehran on Sunday, 14 February, announced the first batch of oil exported to Europe after the lifting of Western economic sanctions. As reported by news Agency IRNA Deputy oil Rokneddin Javadi, sending energy to Europe for the first time in five years opened a “new Chapter” in the history of …

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The speaker: the price of oil at $ 40 realistic

The Minister of economic development of Russia Alexei Ulyukayev said on air of “First channel”, which considers a realistic scenario with oil price at 40 USD per barrel. Ulyukayev noted that a price level of us $ 30 per barrel is too low: “I believe that it is extremely low …

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The fall in oil prices forced the Saudi company to hold salaries

Construction company Saudi Arabia delayed the payment of salaries to employees. It is reported Rambler News Service, citing Reuters. The Ministry of labor issued an official statement saying that the staff is one of the “major patterns” complained of unpaid salaries for several months. The Ministry did not specify the …

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The game is a long-term Outlook on the oil market

Many analysts and commentators in the last year are concerned about finding the answer to one question, formulated in different ways: what is the real price of American shale oil, what is the cost of its production, what is the financial sustainability of extractive companies in the United States, whether …

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Iranian oil since the lifting of sanctions

It took very little time after the entry into force of the Joint comprehensive plan of action (SCPD) and the lifting of sanctions on shipping and the movement of the Iranian ships in international waters. Nevertheless, Iran’s oil Minister Bijan Zanganeh a few months ago promised the Iranian and world …

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