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Us expert predicts drop in oil prices to $25 in 2017

The past six months, experts around the world are trying to find the answer to one question: whether country-the oil producers to agree to reduce its production? Co-owner of new York’s Again Capital John Kilduff told about his vision of further developments in the oil industry, Vesti.Economy. According to experts, …

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The energy Ministry predicts decline in oil prices

Russia is not discussing more with the club of oil producers-OPEC coordination. This was announced by energy Minister Alexander Novak, reports Reuters. According to him, it happened after the spring of this year the countries-oil exporters are unable to agree on freezing the level of oil production. Novak noted that …

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OPEC predicts oil shortage

Despite all the economic problems, and the expectation of reduction in demand for oil from China in the coming three months on the oil market gap can be formed, according to the report of OPEC. OPEC noted that in the third quarter has traditionally seen a spike in demand for …

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Obama predicts rise in price of oil

Us President Barack Obama said that the price of oil sooner or later will return to growth, according to National Observer. Obama believes that despite the current prices, oil will go up, because it is a limited resource and the process of its production will be more costly. Obama urged …

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