Oil prices benchmark Brent crude to $32 per barrel by 19:00 GMT on the NYMEX. WTI by this time fell below $29 per barrel. The corresponding peak appeared on the background of disappointing for oilers news about the results of the negotiations of the four oil-producing countries — Russia, Saudi …
Read More »The Russian economy will fall into stagnation for 15 years
In that case, if the Russian economy will not be carried out structural changes and oil prices will not rise at least to 50 dollars per barrel, the country could face long-term stagnation. This scenario of Russian economy development for the period up to 2030 considered in the Ministry of …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »The Euro rose above $ 90 amid falling oil prices
Rouble falls against dollar and Euro amid declining oil prices The Euro during trading on the Moscow stock exchange rose amid falling oil prices by 2.41% compared to the closing level yesterday to 90,05 RUB. The dollar on Tuesday evening rose 1.3%, to 79.6 RUB. Rouble falls against dollar and …
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