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The Libyan authorities intend to resume oil exports

National oil Corporation (NOC) of Libya plans to re-start oil exports and to increase to the end of the year production of up to 950 thousand barrels per day, Reuters reports, citing a company statement. “Our technical teams have already begun assessing what needs to be done to overcome the …

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Agricultural exports exceeded the Armory

The ban on the import of food products from the EU and the ruble crisis caused a rise in Russian agriculture. According to the German magazine Der Spiegel, Russia’s revenues from exports of agricultural products exceeded the profits from the sale of weapons. Since President Vladimir Putin announced an embargo …

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The Western economy will collapse if Russia stops exports

“Oil and gas needle”, on which Russia sits still doesn’t mean that Russia has nothing to offer the world. There, and even more than you can imagine – from gold for iPhone to industrial colliders.     Russian industry after the Soviet is known for its helplessness in the sphere …

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Iraq increases oil exports in July, but revenues declined

Iraq, the second largest producer of OPEC production in July 2016 increased its average daily oil exports by 0.85% from the previous month to 3,203 million barrels a day. This is evidenced by the Iraqi state company State Oil Marketing Organization (SOMO). By the end of June the average daily …

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Duty on Russian oil exports will decrease by 11%

Export duty on Russian crude oil from 1 September 2016 will decrease by 11.2% and will be $80 per ton, compared to $90,1 a month earlier, follows from materials of the Ministry of Finance of the Russian Federation. As pointed out by the Ministry of Finance, the average price of …

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In August decreased the export duty on Russian oil exports

From 1 August 2016 the duty on Russian oil exports decreased by us $5.8, accounting for 90.1$ per ton, RIA “Novosti”. The export duty on high-viscosity oil fell to $10.9, straight-run gasoline to $63,9, gasoline — up to $54,9. Duty on other light oil and lubricating oil decreased to $36 …

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USA in may increased its oil exports to a record daily volume

Oil exports from the United States in may 2016 increased by 12% year on year to a record 662 thousand barrels, compared with 591 thousand barrels per day in April, to the materials Bureau of the U.S. census, which also collects economic data. These amounts of U.S. exports across countries …

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Oil exports from Russia in the first half rose by almost 6%

Russian oil exports in January – June 2016 has increased compared to the same period last year by 5.9%, to 127,854 million tons, follows from the data of the Central Supervisory control energy (CDU TEK). In particular, in June the export made $ 20,614 million tons. In particular, for the …

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Oil exports from Iran rose to its highest in four years

Oil exports from Iran in April was the highest since the beginning of 2012, amounting to 2.3 million barrels per day. This is 15 percent higher than the forecast of the International energy Agency (IEA), according to Reuters. In may, the country plans to supply 2.1 million barrels (in the …

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