Oil prices have no way to determine further movement. On Tuesday, the message from OPEC was pushing quotes upward, however, data from the American petroleum Institute changed the mood of the players, and today oil is getting cheaper. As of 7:40 Moscow time futures on Brent blend is reduced by …
Read More »Germany has accelerated the return of its gold reserves from abroad
The German Federal Bank accelerated returns German gold reserves from foreign vaults. It is reported RIA Novosti with reference to the President of the Bundesbank, Jens Weidmann. According to the banker, the process is in accordance with the new concept store of gold. So, by 2020 to Frankfurt should be …
Read More »Whether it is necessary to spend reserves for rouble
Whether it is necessary to spend reserves for rouble Oleg Vyugin Chairman of the Board of Directors of MDM Bank In recent days, the ruble strengthened the most since December 2015. Before that in 2016 he beat historical records fall. The main thing that complaining about the business, — not …
Read More »Transnistria has run out of money: the monetary reserves reached mizera
Foreign exchange reserves of the Pridnestrovian Moldavian Republic for the last three months has decreased in 2,5 times, reaching as at 1 March figure of $12.35 million this was announced by the Transnistrian state news Agency “news of Transnistria”. Only last month, foreign exchange reserves declined by $6.4 million In …
Read More »Oil reserves in the U.S. increased during the week weaker than forecast
Commercial oil stocks in the USA last week increased by 1,317 million barrels and reached 523,178 million barrels. Such data contains in the report of the Ministry of energy of the country. Meanwhile, experts interviewed by Bloomberg, expected increase of oil reserves of 3.2 million barrels, according to “Finmarket”. According …
Read More »Ukraine has set a record for gas reserves
In March, the inventory level was the highest in five years. Ukraine since the beginning of the heating season reduced natural gas reserves in underground storage facilities by 44.5%, or 7 billion 589,91 million cubic meters, according to Ukrtransgaz. At the moment, the reserves are the largest in the last …
Read More »Canada was left without gold reserves
Canada’s gold reserves to 3 March 2015 reduced to zero, said Thursday the Ministry of Finance of the country. A month earlier, Canada had 1.7 tons of gold reserves, at the end of 2015, according to the world gold Council, — about 3 tons. At this level, canadian gold reserve …
Read More »Oil reserves in the United States increased for the week stronger than forecast
Commercial oil stocks in the USA (excluding strategic reserves) for the week ended 26 February, increased by 10.4 million barrels, or 2%, to 518 million barrels. The data contained in the review of the energy information administration of the Ministry of energy of the country. Many analysts believed that the …
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