OPEC+ talks may be held next week
OPEC started preparations for negotiations within the OPEC+ framework, initiated by Saudi Arabia. The meeting may take place next week, a source taking part in the preparations told TASS.
Brent oil price rises by 3.5% on ICE Exchange in London
The cost of futures for Brent crude oil with settlement in May 2020 increased by 3.5% to $28.1 per barrel in the course of trading on the ICE Exchange in London, accoridn to the data of the trading …
Brent crude oil price down 7.9% on London's ICE
The price of futures contracts of Brent crude oil for May 2020 delivery lost 7.9% on London's ICE to $25.01 per barrel, according to the trading data as of 1:16 am Moscow time.
The price of futures …
Russia-Saudi dispute will trigger tactical price war on oil market
The current standoff between Russia and Saudi Arabia over oil production volume is likely to spark a tactical price war on the global oil market, Ian Bremmer, president and founder of Eurasia Group, …
Brent crude oil price exceeds $38 per barrel on London's ICE
The price of futures contracts of Brent crude oil for May 2020 delivery has accelerated growth to 10.8% trading at $38.08 per barrel on London's ICE on Tuesday, according to the trading data as of …
Oil prices recovery to take several months
Russia’s Energy Ministry expects oil prices to recover after Monday’s crash within several months, Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on …
Will the American shale industry survive?
Over the last 10 years, hydrocarbon extraction from shale formations has initially made the United States the world's largest oil and gas producer. For the time being, this industry has numerous …
Coronavirus outbreak seriously affects oil prices
The outbreak of the new coronavirus has seriously affected oil prices, President of the OPEC Conference Mohamed Arkab said on Tuesday.
"The outbreak of the coronavirus in the last two months has …
Argentina, Russia agree on scientific cooperation in fishery
The Argentine and Russian sides agreed to develop scientific cooperation in the field of fishery, Deputy Minister of Agriculture of Russia, Head of the Federal Agency for Fishery Ilya Shestakov said …
Brent oil prices up at auction in London by 3.16%
The world oil prices accelerated growth during trading on the ICE in London, and futures for Brent crude oil for delivery in May 2020 rose by 3.16% to $ 51.29 per barrel.
The price of oil futures WTI …