Despite the pessimistic estimates, and difficult political relations of Moscow with the leading countries-the oil producers in the Arab world, Russia made an important step in the effort to stabilize the oil market and oil prices on raw materials. As reported by the information Agency, February 16, at the talks …
Read More »
In the medium term, the price of oil could rise to $ 200 per barrel. This was stated by the President of Ecuador, Rafael Correa, reports El Universo. “Cessation of investment that we experience in the oil sector, the closure of hundreds of drilling, for example in the United States, …
Read More »
According to the Vice-Premier of Russia Arkady Dvorkovich, the suspension of oil production may lead to the termination of falling prices and increase the cost. He noted that should be taken into account a huge number of factors, but a strong decline in prices is not expected. We will remind …
Read More »
The Ministry rejected the possibility of a fall in oil prices in 2016 to $ 10 per barrel. This was stated on Friday by Deputy Minister of economic development of the Russian Federation Oleg Fomichev. “I do not think oil at $ 10 a barrel a likely scenario,” he said. …
Read More »