Kremlin says situation with oil prices not easy, but too early to make assessments
The situation with world oil prices is not easy now, but one should not make assessments after one day or one week, Kremlin spokesperson Dmitry Peskov said on Wednesday.
When asked if Russia would …
Netflix doubles expected number of subscribers, reaching 15.8 mln
US streaming giant Netflix increased its subscriber base by 15.8 mln in the Q1 2020 compared to 9.6 mln in the same period last year, according to Netflix report.
The corporation drew attention to …
Brent oil price falls below $16 per barrel
The price of June 2020 Brent oil futures has dropped by 17.33% on London’s ICE, reaching $15.98 per barrel, the data as of 07:35 Moscow time informs.
The price of WTI futures has dropped by …
OPEC+ participants will contact each other to reconcile positions if necessary
Participants of OPEC+ deal will contact each other if necessary, but so far there are no decisions on holding such meetings, Kremlin spokesman Dmitry Peskov told reporters on Tuesday.
"We have all …
Brent crude oil price down below $25 per barrel
The price of futures contracts of Brent crude oil for June 2020 delivery extended losses to 3.6% compared with the previous closure on London's ICE on Tuesday trading at $24.65 per barrel, according …
Price of WTI oil falls by over 20% to the lowest level since 1999
The price of WTI oil on the ICE exchange in London fell by more than 20%, breaking the mark of $15 per barrel and reaching the lowest level for the first time since 1999 on Monday.
At 10:20 Moscow …
Moscow, Riyadh confident that OPEC+ countries will fulfill their commitments
Russia and Saudi Arabia are firmly committed to fulfilling the OPEC+ deal on cutting oil output, the Russian Energy Ministry said on Thursday after a telephone conversation between Russian Energy …
Russia’s economic recovery will begin in Q3 of 2020
Restoration of the Russian economy will begin in the Q3 of 2020, chief economist of VEB.RF Andrey Klepach said on Monday.
"In the Q3, the Russian economy will begin to overcome the negative effects …
Secretary of Energy Brouillette praises new OPEC+ agreement as ‘historic deal’
The energy sector of the United States will soon recover from the recent ‘price wars’ on global oil markets and consequences of the COVID-19 pandemic and will emerge ‘stronger than …
Brent crude oil price up 4.4% to $32.85 per barrel on London
The price of futures contracts of Brent crude oil for June 2020 delivery climbed by 4.4% on London's ICE on Monday to $32.85 per barrel, according to the trading data as of 3:44 a.m. Moscow time.