Понедельник , Декабрь 10 2018
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Saudi Arabia relied on oil is more expensive than $ 50


To achieve equilibrium in the energy market the price of oil should be above $ 50 per barrel. This was stated by Minister of energy of Saudi Arabia Khalid al-Faleh in an interview with German newspaper Handelsblatt on Tuesday, July 12. According to the official, the current price for hydrocarbons …

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Kuwaiti authorities consider the privatization of oil assets


Kuwait is studying the privatization of assets in the oil services, said Deputy Minister of Finance Khalifa Hamada. According to him, the Ministry of Finance of Kuwait and the state oil company Kuwait Petroleum Corporation are discussing the possibility of privatization of assets, with the transaction expected to be service …

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OPEC continued to increase oil production, despite quotas


The organization of countries-exporters of oil (OPEC) in June 2016 to increase production of «black gold» for 264 thousand barrels per day — compared to may — up to 32,86 million barrels a day. These data are presented in the July report the cartel. Thus, OPEC has continued to exceed …

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Why Russia can not offer the world anything other than oil


Oil is still Russian goods number one. Fuel and energy complex provides a large part of domestic exports, which is compressed. Russia gets less money from the sale of raw materials. The only thing that grew noticeable, — the supply of wheat and vodka, but they can’t remove the country …

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Oil slips on rise in the number of drilling rigs in USA


On Monday, oil prices on the world market fall amid us oil service company Baker Hughes on the growing number of oil rigs in the United States, RIA Novosti reported with reference to the auction. On the morning of 11 July, the cost of the September futures for Brent crude …

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Brent crude fell to 46.5 a dollar


Oil prices dropped Monday during the session on Monday by more than 1%, responding to signs of a slowdown in fuel demand in the Asian market and data on the growth in the number of working drilling rigs in the U.S. in June compared to may. The cost of the …

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