Tag Archives: price of oil

The meeting is doomed, or why the decision to freeze oil is not worth a penny

19.02.2016 Economy 79

Yesterday the news proudly reported that Russia, together with Saudi Arabia and Venezuela have agreed to freeze oil production. Speculators on the news sped up the price of oil by almost 10%. At the moment you would have thought that he crisis is over and the price of oil of …

ING do not exclude reduction of prices on oil to $23, while WTI falls below

12.02.2016 Oil 80

Chief strategist at commodity markets, Dutch Bank ING Hamza Khan admits that the price of oil can drop to $22.5 per barrel in 2016 in the case of the implementation of a number of negative factors. In accordance with ING risk scenario, in 2016, the price of Brent will be …