The jump in oil prices to $ 50 per barrel is largely speculative in nature. On Thursday, August 18, according to the Rambler News Service with reference to the representative of the Ministry of economic development. “This growth is largely speculative in nature, associated primarily with the upcoming September OPEC …
Read More »Large speculators collapsed oil prices
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 …
Read More »The expert predicted rise in oil prices due to the actions of speculators
The country-oil producers would agree to freeze production, which will cause speculative, and a quick growth of quotations. To comply with the agreement States will not, and prices will return to current levels. About it “Lente.Roo” said the partner of company RusEnergy Mikhail Krutikhin. “I expect the negotiations to be …
Read More »Speculators are pushing oil prices to highs
Futures on Brent crude rose above $42 On Monday, crude oil managed to get to $42,5 per barrel and once again get closer to the maximum mark from the beginning of the year. Thus, continuing the expansion that began at the end of last week on the news about reduction …
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