World oil prices on Friday morning are adjusted upward after a sharp decline the day before because the data of U.S. Department of energy of the great growth stocks of gasoline and distillates. As 06.57 GMT the cost of the September futures for North sea petroleum mix of mark Brent …
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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. …
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The collapse in the oil market. The price of “black gold” has finished day falling by about 5%, and the speculators it was clearly his reasons. The sharp decrease in quotations has begun after the publication of statistics on inventories from the US Department of energy, although the statistics, it …
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World oil prices Thursday, July 7, grow, reflecting data from the American petroleum Institute (API) on the reduction of reserves of this fuel in the United States, RIA Novosti reported with reference to the auction. As of 07:54 GMT cost of the September futures for North sea Brent blend rose …
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Experts continue to argue about the short and medium term future price of black gold. And their forecasts are not so pessimistic, as it was until recently. As stated in an interview with Bloomberg TV, the CEO of major oil trader Vitol Group Ian Taylor, the end of the year …
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Prices for oil are decreasing second day in a row. A barrel of Brent oil dropped below $50. The mood of traders was affected by several factors. Saudi Arabia for the first time since February of this year has lowered output prices for the U.S. and Asia. We are talking …
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Saudi Arabia has decided to reduce the official selling price of oil for August for the Asia and the USA. As reported by Asharq Al-Awsat with reference to the state oil company Saudi Aramco, in the key Asian market the most common Arab Light grade will sell for 40 cents …
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World oil prices continue to rise during today’s trading after the comments of the Minister of energy, industry and mineral resources Saudi Arabia Khalid al-falikha that the market of “black gold” is on the way to equilibrium, however, the slowdown in demand in Asia continues. As of 13:48 GMT the …
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Saudi Arabia has moved away from the strategy of increasing sales of oil to the Asian markets and gradually gives way to a share of world trade to their competitors in the hope of a price recovery. On Thursday, 30 June, writes Reuters, citing its own research. Experts point to …
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Quick return to high oil prices is not expected. This was during the International financial Congress in St. Petersburg June 30, said Chairman of the Bank of Russia Elvira Nabiullina, reports the correspondent.<url>. “The Russian economy must learn to live in conditions of low oil and gas prices. And we …
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