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Brent crude oil rose to 46.6 $

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The price of oil on Friday grows, continuing the highest since mid-July day increase of nearly 5% in the previous session earlier, caused by forecasts of the International energy Agency (IEA) and statements of Saudi Arabia, according to the auction. As at 08.00 GMT the cost of October futures for …

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Saudi Arabia increased its oil production to historic highs

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Saudi Arabia has increased oil production in July to a record high of 10.62 million barrels per day. This is stated in its monthly report the International energy Agency (IEA), published on Thursday, August 11. In comparison with July 2015, oil production in Saudi Arabia rose by 240 thousand barrels …

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Brent rose sharply, surpassing the mark of $46

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The price of Brent oil on the ICE tonight increased by 4.6% and exceeded $46 for the first time since July 22, it follows from these trades. According to 19:14 GMT, Brent crude for October delivery was trading at $of 46.09. WTI crude oil according to 19:11 rose in price …

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The price of OPEC oil basket fell below $41 a barrel

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The price of OPEC oil basket on Wednesday, August 10, declined to $0,52, or 1.24%, to $40,57 per barrel, whereas in the previous trading day it was us $of 41.08 per barrel, the materials on the website of the cartel. The term «basket» of OPEC (OPEC Reference Basket of Mar) …

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IEA slightly adjusted the forecast for world oil demand

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The international energy Agency (IEA) predicts growth in global oil demand in 2016 to 96.3 million barrels per day compared to expected in July 96,1 million barrels per day. In addition, the IEA has raised its forecast for oil demand in 2017, with 97.4 million to 97.5 million barrels a …

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In Perm sold the land on which it is impossible to build

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«Land without a license we don’t need» − reads the inscription on one of the posters at the picket in Perm on August 10. A picket was held by the residents of the neighborhood of Dams, villages, Adesewa and garden Association «Yerepety» whose houses condemned to demolition. In the first …

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The IEA downgraded its forecast for global oil demand in 2017

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The international energy Agency (IEA) lowered its growth forecast for world oil demand in 2017 by 200 thousand barrels per day to 1.2 million barrels. This was reported in the monthly report of the Agency published on Thursday, August 11. The volume of global demand for raw materials in 2017 …

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«Rosneft» has increased oil supplies to the East 13%

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In the first half of 2016, «Rosneft» has increased oil export in the Eastern direction to 21.6 million tons, which is 13,1% more than in the same period last year. This is stated in the production report of the company published on Thursday. The report notes that the company successfully …

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