Oil prices rose to a four-week high this morning after industry data showed a big drop in U.S. crude stockpiles and amid escalating tensions between Washington and Tehran. Brent crude futures rose to $66.1 per barrel at 07:25 MSK, up …
Tightening of sanctions against Iran, one of the biggest oil producers, has an impact on the balance on the commodities market, and this can lead to growth of oil prices, Russia's Economic Development Minister Maxim …
Donald Trump to meet China president at G20, raising hopes of trade war breakthrough
Geopolitical tensions with Iran and a potential interest rate cut by the US Federal Reserve sent US markets higher
Oil prices reversed earlier gains this morning but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global …
The dollar exchange rate dropped to 63.31 rubles during the today's trading on the Moscow stock exchange. Yesterday the dollar was worth 63.91 rubles. Oil jumped more than 3% to above $63 a barrel today after Iran …
Global financial and commodity markets are much more concerned with economic recession
OPEC has agreed to move its next meeting to July 1, followed by a meeting with non-OPEC allies on July 2, according to new dates posted on the website of the Organization of the Petroleum Exporting Countries. OPEC and allies were …
Europeans try to show they’re not rattled by Tehran’s uranium warning
The second apparent attack on oil tankers in the Middle East in a month rekindled tensions in the region
The International Energy Agency (IEA) slashed its estimate for global oil demand growth for the second consecutive month on Friday, citing intensifying trade concerns amid fears of a global recession. AS CNBC …
Crude prices climbed sharply today amid reports of an attack on oil tankers in the Gulf of Oman. Brent crude, the global benchmark, was up 3% at $61.76 a barrel on London’s ICE Futures exchange. On the New York Mercantile …
Oil prices fell 3% today, weighed down by a weaker demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts. Brent crude futures were down more than 3%, at $60.61 a barrel, …
Russian Energy Minister Alexander Novak did not rule out that oil prices could fall to $30 per barrel due to overproduction, he said after the meeting of the Russian-Saudi intergovernmental commission on trade, economic and …
Russia’s oil contamination crisis is almost over, Russian Energy Minister Alexander Novak said at the St. Petersburg International Economic Forum. The country’s average daily oil output dropped this …
Russia's Lukoil CEO Vagit Alekperov hopes the outcome of a meeting in the coming weeks between OPEC and its allies to discuss its global oil deal would allow the price of oil to rise towards $70 a barrel …
Brent crude was trading at $60.78 a barrel at 6:30 a.m. London time today, up 15 cents and still far from its four-year high of more than $80 last fall. Yesterday, Brent oil price fell bellow $60 per barrel for the first time …
Russian economic growth accelerated to a six-year high of 2.3% in 2018, despite tightened economic sanctions and pressure on financial markets, according to the World Bank's report. The report found that acceleration was …
