Brent crude oil surpasses $34 per barrel first time since April 9, 2020
The price of futures contract for Brent crude oil with July delivery on London’s ICE rose by 4.9% and reached $34.09 per barrel.
The last time the price of oil of this grade was above $34 per …
German regulator refuses to exempt Nord Stream 2 from EU Gas Directive
The Federal Network Agency of Germany refused Nord Stream 2 AG in withdrawing the Nord Stream 2 project from the rules of the updated EU Gas Directive, the regulator said on Friday.
Meeting of OPEC+ ministerial monitoring committee to be held on June 8
The Joint Ministerial Monitoring Committee (JMMC) meeting will be held on June 8, 2020, most probably in a video format, while ministerial meetings of OPEC and non-OPEC states will be held on June 9 …
Oil production in US may drop from 2 to 3 mln barrels/day
Crude oil production in the United States may contract by 2-3 mln barrels per day, Deputy Energy Minister of Russia Pavel Sorokin said in an online interview with the Roscongress Foundation.
"We see …
Russia to cut crude production by 10% within OPEC+ in 2020
Russia’s crude oil production will go down by around 10% in 2020 due to OPEC+ restrictions compared with 2019 when it reached the record 560.2 mln tonnes, Energy Minister Alexander Novak said at …
Brent crude price losing 3.17% on London's ICE
Brent crude futures price for supplies in June 2020 has plunged by 3.17% during the trading session at the ICE Exchange in London to drop to $20.67 per barrel, the trade reports available at 04:29 …
Brent crude oil rise by 5% on London’s ICE
The price of futures contract for Brent crude oil with June delivery on London’s ICE rose by 5.02% and reached $22.40 per barrel, as of 05:44 Moscow time.
By 05:52 Moscow time, Brent oil was …
Brent crude oil price up to $23 per barrel on London's ICE
The price of futures contracts of Brent crude oil for June 2020 delivery gained 12.91% on London's ICE on Thursday to $23 per barrel, according to the trading data as of 8:19 am Moscow time.
As of …
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 …
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 …