Russia’s Antimonopoly Service says oil products prices will be below inflation
The Federal Antimonopoly Service (FAS) of Russia currently sees no prerequisites for a rise in prices for oil products above inflation, according to the department’s press release.
"FAS Russia …
Brent crude exceeds $57 first time since Feb 24
The price of futures contracts of Brent crude oil for March 2021 on London’s ICE went up by 0.42% compared to the previous closing, reaching $57.07 per barrel, according to the trading data, …
World billionaires get richer by $1.9 trillion in 2020
The billionaires of the world became richer by $1.9 trillion in 2020, according to the estimates Forbes released on Wednesday.
The magazine reports that, as of December 11, 2020, the …
Bitcoin price surpasses $21,000, hitting all-time high
Bitcoin price rose by 9.5% in the course of the trading session and reaching $21,298 at its peak, according to the trading data as of 00:54 am Moscow time.
The cryptocurrency price has set a new …
World Bank expects oil price to increase to $44 per barrel in 2021, $50 in 2022
The World Bank expects the oil price to rise to $44 per barrel in 2021 and to $50 in 2022, the organization said in its latest Russia Economic Report on Wednesday.
"Oil prices are forecast to …
Arab Energy Conference postponed until 2023
The Arab Energy Conference, which was supposed to take place in 2022, has been postponed to 2023, Minister of Energy of Algeria, President of the OPEC conference Abdelmadjid Attar said at the 105th …
Akademik Chersky pipe layer moves away from Nord Stream 2 construction site
The Akademik Chersky pipe-laying vessel has moved away from a supposed site of continuing the Nord Stream 2 pipeline construction and is sailing in the northeast direction, MarineTraffic portal …
Russia-China trade turnover down 3% in January-November
Trade turnover between Russia and China in January-November decreased by 3% year-on-year, amounting to $97.38 bln, the General Customs Administration announced on Monday.
According the published …
OPEC+ talks on oil output cuts postponed to December 3
OPEC+ ministerial meeting scheduled for December 1 has been postponed to December 3, according to a letter for the member-states’ delegates obtained by TASS.
Two sources at the oil cartel …
OPEC+ monitoring committee to hold consultations on November 28 prior to main meeting
Russian Deputy Prime Minister Alexander Novak and Saudi Energy Minister Prince Abdulaziz bin Salman will hold informal consultations with members of the OPEC+ monitoring committee on November 28, two …