oil prices

Middle East petrostates moving beyond crude oil

Middle East petrostates moving beyond crude oil

Diversification brings in Japanese partners, including at Dubai refinery

OPEC Secretary General: oil market still far from equilibrium

OPEC Secretary General: oil market still far from equilibrium

The oil market was still far from equilibrium, OPEC Secretary General Mohammed Barkindo said, speaking at the International Petroleum Week conference in London. "Current oil prices are still far from balanced and …

It#039s Not Record Oil Speculation That#039ll Drive Prices

It's Not Record Oil Speculation That'll Drive Prices

Speculators have piled back into oil since OPEC announced output cuts in November

It#039s not record oil speculation that’ll drive prices

It's not record oil speculation that’ll drive prices

culators have piled back into oil since OPEC announced output cuts in November

Summer Is Looking Bright for Oil Prices

Summer Is Looking Bright for Oil Prices

Seasonal demand dynamics are looking up for oil prices

Does ruble reach its maximum?

Does ruble reach its maximum?

Today's trading on the Moscow stock exchange resulted a sharp decline in the dollar and the euro exchange rates against the ruble. As of 10:40 (MSK), the euro exchange rate fell below the level of 60 rubles, and as of 11:40 it …

Iran found billions barrels of oil

Iran found billions barrels of oil

Iran has discovered 13 new oil and gas fields

Facing multiple pressures, oil prices move lower

Facing multiple pressures, oil prices move lower

OPEC sees shale oil rising, while Europe sees short-term economic woes ahead

Global oil demand to increase

Global oil demand to increase

OPEC revised global oil demand growth for 2017 higher by around 35 tb/d to 95.81 mb/d, the OPEC monthly oil market report said. This was a result of colder weather conditions and healthy vehicle sales in OECD Europe, in addition to …

OPEC plans to call on its non-members to actively cut output

OPEC plans to call on its non-members to actively cut output

Kuwaiti oil minister Essam Al Marzouq said that OPEC will ask non-OPEC producers to actively cut their output. According to him, current oil prices are good and are expected to rise with higher compliance to an output …

Middle East Crude Could Lose Market Share To U.S. Shale

Middle East Crude Could Lose Market Share To U.S. Shale

Flows of U.S. crude oil to Asia become more commercially profitable

Freely floating exchange rate ds a lot of problems in Russian economy

Freely floating exchange rate damps a lot of problems in Russian economy

Видео

All Russia's crises took place in radically different epochs of economic development

Oil Markets On A Knife Edge

Oil Markets On A Knife Edge

Despite 91% OPEC Compliance

Zanganeh: OPEC output cut should be extended

Zanganeh: OPEC output cut should be extended

Iranian Oil Minister Bijan Namdar Zanganeh said OPEC should cut crude production "a bit more" in the second half of 2017, Fars news agency reported. Zanganeh added that data showing compliance on the part …

Russia expects three more years of cheap oil prices

Russia expects three more years of cheap oil prices

Oil prices will be hovering around $40-60 per barrel in 2017-2019, the Russian Finance Ministry’s Main guidelines for 2017-2019 debt policy said. "The oil price dynamics will still be one of the key risks for the Russian …

BP: ‘contract of the Century’ may be extended in summer

BP: ‘contract of the Century’ may be extended in summer

The BP company expects the ‘Contract of the Century’ for the further development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea, to be signed in the middle of 2017, …

 Oil prices increase in response to Trump#039s sanctions on Iran

Oil prices increase in response to Trump's sanctions on Iran

World oil prices increased on the background of the expansion of the US sanctions against Iran. As of 08:18 (MSK) the crude oil futures of WTI rose 0.35%, reaching $54.02. The price of a barrel of Brent crude rose by 0.35%% to …

Oil creeps higher In response to new US sanctions on Iran

Oil creeps higher In response to new US sanctions on Iran

The package of sanctions was formulated in a way that would not violate the 2015 Iran nuclear deal

Oil increases on worries over new US anti-Iranian sanctions

Oil increases on worries over new US anti-Iranian sanctions

Brent crude futures were up 30 cents to $56.86 a barrel by 1050 GMT, after settling 24 cents lower at $56.56 in the previous session. Brent was on track to gain more than 2% on the week, its first significant weekly rise this year. …

OPEC Cuts Oil Output

OPEC Cuts Oil Output

The Organization pumped 32.3 million barrels a day in January

Brent oil price raises above $57

Brent oil price raises above $57

The cost of the futures of Brent crude oil on London's ICE trading have risen by 0.94% to $57.05 per barrel. The last time the price of Brent crude rose above $57 per barrel was on January 6, 2017, TASS recalls. …

Russia Nears End of Recession as GDP Shrinks Less Than Forecast

Russia Nears End of Recession as GDP Shrinks Less Than Forecast

Higher oil prices may help boost expansion

Market factors give boost to oil prices

Market factors give boost to oil prices

Underlying supply-side strains increase as oil markets recover

Kazakhstan#039s Back On Washington#039s Radar

Kazakhstan's Back On Washington's Radar

A case of taking the man out of the oil industry, but not taking the oil industry out of the man

Saudi Arabia calls an end to tax-free living as oil slump continues to bite

Saudi Arabia calls an end to tax-free living as oil slump continues to bite

Oil has suffered a steady decline since the beginning of 2014, when it was trading well above $100 per barrel

Oil Steady But US Drilling Weakens OPEC Deal

Oil Steady But US Drilling Weakens OPEC Deal

The world's oil producers are trying to comply with a deal to pump less in an attempt to prop up prices

Iran May Cancel Pipeline Project With Pakistan

Iran May Cancel Pipeline Project With Pakistan

US$7-billion ‘peace pipeline’ project is up in the air

Potential for a big oil drop is growing, warns Commerzbank

Potential for a big oil drop is growing, warns Commerzbank

The oil market is currently characterized by rather selective perception

Oil up two percent on stock market, but U.S. supply caps gains

Oil up two percent on stock market, but U.S. supply caps gains

Analysts predict prices breaking out of their current corridor and embarking on a downward trajectory

US starts sale of oil from strategic reserve

US starts sale of oil from strategic reserve

The Department of Energy's (DOE) Office of Fossil Energy announced contracts have been awarded from the recent sale of Strategic Petroleum Reserve (SPR) crude oil. A Notice of Sale for a price-competitive sale of up to 8 million …