Oil prices on Monday morning, 14 March, rose by 0.15 per cent to 40,45 USD per barrel during trading on the London stock exchange ICE. A small rise occurred against the background data on the decrease in the number of wells in the U.S., published by the consulting company Baker …
Read More »Oil prices rose on Monday, with the U.S. Department of energy
World oil prices on Friday moved to growth after a decline Thursday, continuing to win back the controversial data on its reserves in the United States. As at 08.07 GMT the cost of may futures for North sea petroleum mix of mark Brent rose 1.9% to 40,81 dollars per barrel, …
Read More »The U.S. Department of energy lowered its forecast for oil prices Brent
The average cost of North sea Brent crude oil in 2016 will be $34,28 per barrel. This forecast is contained in the monthly short-term forecast of the office for energy information the U.S. Department of energy (EIA). Thus, the forecast for Brent cost for the current year once again lowered …
Read More »Kuwait has forecast a sharp jump in oil prices to $ 30
Oil prices can jump up by 20-30 dollars, if the producing countries will be able to meet and come to a final agreement, however, according to the national representative of Kuwait to OPEC Mohammad al-Shatti, at the present time there are several scenarios, including negative. “It all depends on what …
Read More »Oil prices rose on confidence in the increasing demand
The world prices for oil during the auctions on Thursday showing growth, since the slowing of production of “black gold” investors Express confidence in the imminent increase in demand for raw materials. As at 07.25 GMT the cost of may futures for North sea petroleum mix of mark Brent has …
Read More »Oil prices continue to fall, the price of WTI falls stronger Brent prices
World prices for “black gold” during today’s trading continued to decline on data from the American petroleum Institute (API) about sharp growth of reserves of “black gold” in the U.S., reached a new record. As of 13:39 Moscow time the price of may futures for North sea petroleum mix of …
Read More »The statements of Russia stimulated the growth of oil prices
After the head of the Ministry of energy of Russia Alexander Novak about the possible suspension of oil production in March this year, the stock prices of oil increased sharply. The first day of spring was marked by the rise in oil prices, given that in February was recorded in …
Read More »Oil prices rose on the statements of the Russian Federation to freeze production
Exchange quotations of oil have surged amid comments from the head of the Ministry of energy of the Russian Federation about possibility of the decision on freezing of oil production in March 2016 Oil prices continued to rise on the first calendar day of spring after reaching a local minima …
Read More »Expert: 2016 will be marked by the growth of oil prices
Tom Kloza, founder of the US-based Information services at the oil price (Oil Price Information Service, OPIS) expressed the view that oil prices this year will be between $ 20 to $ 49 per barrel. He also noted that trade is quite volatile, and will lead to fluctuations in the …
Read More »Bloomberg predicted a further collapse in oil prices due to electric vehicles
Last year, sales of electric vehicles around the world soared by 60 percent even at low gasoline prices, reports Bloomberg. If such growth rates continue, by 2023 the fall in oil demand may reach 2 million barrels per day. In the next two years Tesla and Chevrolet are planning to …
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