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Tag Archives: prices

The world Bank has adjusted forecasts of oil prices in 2016

The world Bank (WB) raised its forecast for oil prices in 2016 in connection with interruptions in the supply of hydrocarbons in a number of regions and the strong growth of demand in the second quarter, said the quarterly report Commodity Markets Outlook. However, the world Bank revised forecasts for …

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Morgan Stanley predicted the rise in oil prices to $ 80

Oil prices until mid-2017, will be limited in growth, but then can increase to $ 70-80 per barrel. On Monday, July 25, wrote in their report, the experts of the investment Bank Morgan Stanley, reports TASS. According to experts, in 2016 the global market will remain surplus of oil, but …

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Low oil prices brought down the investment of oil and gas companies

Global oil and gas companies have reduced planned investments to 2016 and 2017 to 370 billion dollars. About it reports “Interfax” with reference to the report of the company Wood Mackenzie. Especially strong ($150 billion) was the fall of investment in the continental United States (excluding Alaska). The most significant …

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Saudi Arabia is ready to once again derail oil prices

Price war in the global oil market, it seems, will never end. Saudi Arabia began to sell its huge reserves and the volume fell to the lowest level in 20 months. At the same time, the Kingdom decided to strengthen its tanker fleet, making it the largest in the world. …

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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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