Following the rise in price of a barrel of oil has increased the cost of gasoline and diesel fuel Attolico for the week 30 may to 5 June 2016 the price of automotive fuel rose 0.1%. This is evidenced by official data of the Federal state statistics service (Rosstat) Over …
Read More »The rise in oil prices turned out to be the longest in five years
The increase in oil prices on world markets in 2016 has become the longest in the last five years, growth was observed for four consecutive months. This writes the Agency Bloomberg. Compared to 12-year low reached in February, oil prices increased by 85 percent. This jump is explained by the …
Read More »Analyst: continued rise in oil prices will be negotiable
The value of oil standard grade Brent have risen above $50 per barrel, however, the further increase in oil prices should be the main subject of negotiations between the US and Saudi Arabia. This opinion was expressed Director of the analytical Department of “Alpari” Alexander Razuvaev. He reminds us that …
Read More »Citigroup has predicted a rise in oil prices to 65 dollars per barrel
Analysts of the international financial holding Citigroup predict that the average price of a barrel of Brent oil will rise to $ 50 in the third quarter of 2016 and to $ 65 by the end of 2017. This service reported market and financial information, MarketWatch, citing a report by …
Read More »The head of “LUKOIL” predicted a rise in price of oil to $ 55
The price of oil in 2016 will be in the range of 45-55 dollars per barrel, and by the end of the year could exceed this threshold. About it as transfers TASS, said the head of “LUKOIL” Vagit Alekperov in an interview to television channel “Russia 24”. The reason for …
Read More »The export duty on Russian oil will rise by 22%
The export duty on Russian oil from June 1, 2016 will increase by 22% and will reach $80,6 per ton, compared to $66 per ton a month earlier, follows from materials of the Ministry of Finance of the Russian Federation. As pointed out by the Finance Ministry, the average price …
Read More »US Department of energy predicts a rise in oil prices to $141
US Department of energy has published an updated forecast on energy markets until 2040. So, according to the forecast Department, the world price of oil, which fell from a high of around $115 per barrel in 2011 to $50 in 2015, during the reporting period will be restored. Expected in …
Read More »Dvorkovich: the rise in oil prices will cause a decline in investment in the sector
Investments in the oil industry will continue to decline while maintaining the current level of oil prices, which ultimately will lead to the balancing market, said Deputy Prime Minister Arkady Dvorkovich. “At current prices, the investment will continue to decline, and at some point it will lead to a balancing …
Read More »The Bank of Japan triggered a powerful rise in the yen
After the latest meeting, the Bank of Japan decided not to apply additional stimulus, taking a pause to assess the situation. The decision to some extent unexpected, as analysts had forecast, though some incentives, because the strengthening of the Japanese currency in recent times negatively impacted the performance of the …
Read More »The IEA predicted the rise in oil prices after 2017
Oil prices may stabilise by 2017, said in Tokyo the head of the International energy Agency (IEA), Fatih Birol (Fatih Birol). The transcript of his speech published on the website of the IEA. According to Birol, low energy prices have hindered the production of oil in the world. So, in …
Read More »