Saudi Arabia has increased oil production in July to a record high of 10.62 million barrels per day. This is stated in its monthly report the International energy Agency (IEA), published on Thursday, August 11. In comparison with July 2015, oil production in Saudi Arabia rose by 240 thousand barrels …
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On without oil. Correlation between the Russian currency and the price of “black gold” in recent years, is rapidly declining. Cheaper barrel, and the ruble, on the contrary, strengthened. And while analysts get used to the new reality, the Euro on the Moscow stock exchange fell below 70 rubles, and …
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Futures on Brent crude rose above $42 On Monday, crude oil managed to get to $42,5 per barrel and once again get closer to the maximum mark from the beginning of the year. Thus, continuing the expansion that began at the end of last week on the news about reduction …
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Oil is at new highs. In early trading Monday quotes are a mixture of Brent came close to the highest marks this year – $42,5 per barrel. Before the long-awaited meeting of the countries-exporters remains less weeks, and the players seem to still believe in its success. Nevertheless, the market …
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