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Trump thanked Saudi Arabia for the falling oil prices

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The us President said that the fall in oil prices is comparable to tax cuts for US and he is grateful for that of Saudi Arabia. «Let’s even lower,» asked trump to the Saudis The President of the United States Donald trump thanked Saudi Arabia for the falling oil prices. …

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The cost of Brent crude fell by more than 5%

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The price of «black gold» standard grades in the course of trading on Tuesday evening showed a sharp drop in the price of Brent crude fell below $64 a barrel for the first time since March 9, 2018. To 18:16 GMT January futures for North sea petroleum mix of mark …

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Complete collapse: the Kremlin is tempted cheap oil

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Wednesday, November 14, happened the unexpected collapse of the oil market. American WTI fell by 7.1% to $ 55,69 per barrel, and in the course of trading, the price fell below $ 55. This is the most significant drop in 2015. While WTI is cheaper 12 consecutive trading sessions, which …

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Adventures of petrol in Russia

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Oil rises in price — gasoline rises in price. Oil is cheaper — more expensive gasoline. Gasoline driven. Whether as gasoline. Jokes aside, and what is happening around the gasoline story is actually very interesting. And not just from a purely practical point of view — how much and when …

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Russia set a record in oil production

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Russia set a record level of oil production, said in a November report, OPEC. «Russia set a new post-Soviet record oil production in October, increasing production by 50 thousand barrels of oil per day compared to the previous month, to average 11.6 million barrels of oil a day, according to …

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Oil tripped up the government of Medvedev

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About the budget surplus of Russia soon will have to forget The price of oil, which is directly tied to the Federal budget, continues to decline. For the first time since April, they fell below $ 70, and falling. It seems that the government forget about a giant windfall, the …

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American oil will not withstand the blow

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Interesting news coming from the U.S. oil market. It turns out that «black gold» of the US depreciates more than 10 consecutive days. In the last 34 years this is the biggest failure. The reference brand of oil like Texas Light Sweet and North sea Brent fell. First fell below …

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The government is trying to mitigate rising fuel prices?

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The possibility of a ban of export from Russia of crude oil and petroleum products companies that aren’t their producers instructed to study Deputy Prime Minister Dmitry Kozak, November 6, RIA Novosti reported.   «Ministry of energy, Ministry of economic development, FAS Russia, the Ministry of Finance … to 12 …

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