OPEC countries in October increased oil production, setting a new historical record in 33,643 million barrels a day, said the cartel in its monthly report on the state of the market. Compared to September, production volumes increased by 237 thousand barrels per day, compared with the first quarter – by …
Read More »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, …
Read More »The energy Ministry predicts the growth of investments in oil production in Russia by 200 billion
First Deputy head of RF Ministry of energy Alexey Teksler awaiting the results of 2016 the growth of investments in production amounted to 200 billion rubles, Vesti.Economy. “This year will increase compared with last year, about 200 billion plus. And about next year, it is necessary to analyze, given the …
Read More »The IMF predicts the collapse of the third quarters of European and American banks
A large number of the largest banks in the richest countries of the world is so weakened that they will not solve the problem has no global growth or rising interest rates. Cachepages did the international monetary Fund in its semi-annual report. According to the IMF, will soon die a …
Read More »The Japanese have created “smart” umbrella that predicts the weather
In addition, by using gadget you can find your smartphone.Fantastick Japanese company has created a “smart” umbrella, which alerts the host about the features of weather conditions. The gadget was named Jonas after the English businessman and inventor of the eighteenth century Jonas Hanway, which was considered to be the …
Read More »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 …
Read More »Economic adviser to George Bush now predicts the collapse of the US
Mark TWAIN Todd Buchholz, the same specialist that at one time gave economic advice to President George W. Bush, now predicts… the collapse of the US. American billionaire Jim Rogers went even further. He says that the collapse not only of the United States: the collapse of States destroyed the …
Read More »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 …
Read More »Societe Generale predicts a recovery in oil prices to $50 a barrel
The decline in oil prices to $46 per barrel short — term phenomenon, and in the near future we should expect their recovery to the $50 per barrel. This opinion is shared by analysts of the French Bank Societe Generale. “Despite the decline in stocks of oil in the U.S. …
Read More »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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