Tag Archives: forecast

Experts of the European Commission downgraded the forecast of decline of the Russian economy in 2016 from 1.2% to 1.9%, according to a published report, the EC spring forecast of economic situation in the EU and the leading States of the world. At the same time, experts of the EC, …

The value of the futures contract for delivery in June 2016 for the Brent crude trades on the London exchange ICE increased by 3.8% to $of 46.24 per barrel. Oil gains amid forecast of the world Bank (WB) at an average price on it to $41. Earlier, the world Bank …

The world Bank has promoted for 2016, its forecast for the oil price from 37 to 41 dollars per barrel. This is stated in the message of the organization. It is noted that the forecast was raised on the back of improved market sentiment and a weaker dollar. The world …

Commercial oil reserves in the U.S. increased during the week 8 to 15 April by 2.1 million barrels to 538,6 million barrels of the Ministry of energy of the country. The analysts had expected growth of reserves by 2.4 million barrels, according to TASS citing a survey by Bloomberg. While …

The international energy Agency (IEA) raised its forecast for growth in world oil demand this year by 100 thousand barrels per day to 95.9 million barrels. This is stated in the published on April 14, the Agency’s report. At this rate of growth in energy demand will be lower than …

The world Bank downgraded the dynamics of Russia’s GDP in 2016. The international organization expects the economy to contract by 1.9 per cent instead of 0.7 per cent projected earlier. This is stated in an April world Bank report. Also a more pessimistic forecast of growth of Russian economy in …

Commercial oil stocks in the USA (excluding strategic reserves) for the week ended 25 March, rose 2.3 million barrels, or 0.4 percent, to 534,8 million barrels. These data are presented in weekly management review of energy’s energy information of the country. Meanwhile, analysts believed that the index will rise by …

The international energy Agency (IEA) raised its forecast for growth of global oil demand in 2016 by 200 thousand barrels a day to 95.8 million barrels. Such data are cited by TASS with reference to the March report of the Agency. The document also says that the production of countries …

The average cost of North sea Brent crude oil in 2016 will be $34,28 per barrel. This forecast is contained in the monthly short-term forecast of the office for energy information the U.S. Department of energy (EIA). Thus, the forecast for Brent cost for the current year once again lowered …

Oil prices can jump up by 20-30 dollars, if the producing countries will be able to meet and come to a final agreement, however, according to the national representative of Kuwait to OPEC Mohammad al-Shatti, at the present time there are several scenarios, including negative. “It all depends on what …