oil prices

Brent oil price raises above $49

The prices of September futures for Brent oil have risen by 1.2% to $49.04 per dollar on the ICE Exchange in London. Earlier, oil overstepped the mark of $49 in July 2017, TASS recalls. …

Read
Russia and OPEC to discuss oil in Istanbul

Secretary General of Organization of the Petroleum Exporting Countries (OPEC) Mohammed Barkindo and Russian Energy Minister Alexander Novak will hold talks at the 22nd World Petroleum Congress (WPC) in …

Read
Brent oil falls below $47

Oil prices fell more than 2% today after data showed U.S. production rose last week just as OPEC exports hit a 2017 high, casting doubt on efforts by producers to curb oversupply. Global benchmark Brent futures were down $1.07, or 2.2%, …

Read
Novak: exit from OPEC deal should be smooth

Russian Energy Minister Alexander Novak said a global pact by OPEC, Russia and other producers to cut oil output had dampened price volatility and was reducing bloated inventories, so no immediate extra measures were needed to …

Read
Oil rally fizzles on OPEC doubts

Crude oil prices come under pressure from doubts over whether or not there's an enduring appetite to voluntarily keep production levels lower

Read
Novak: oil prices to rise in second half of year

Russian Energy Minister Alexander Novak believes that the demand in the oil market will grow in the third quarter of this year. Now, according to him, price balancing is taking place. "In my opinion, …

Read
Drop in oil prices cost each Russian $965

A drop in oil prices cost Russia $965 of gold and foreign exchange reserves per person to cope with the risks of devaluation of national currencies, the Izvestia newspaper reported with reference to the research data of FinExpertiza. …

Read
Oil prices extend gains on dip in US output

Crude oil futures on Friday were on track for their biggest weekly gain since mid-May, ending five weeks of losses with prices underpinned by a decline in U.S. output. As of 7:44, a barrel of Brent oil rose in price by 0.57% to $47.90. …

Read
Dollar and euro drop as oil prices increase

The ruble exchange rate increase against the dollar and the euro on the Moscow exchange against the background of growing oil prices. Brent for September settlement gained as much as 1.29% to $46.34 per barrel on the London-based ICE …

Read
Oil rises, but US drilling drags

Oil prices rose early on Monday, but an increase in U.S. drilling activity stoked worries that a global supply glut will persist despite an OPEC-led effort to curb output. As of 08:36am (MSK), Brent for August settlement gained as …

Read

Populars