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OPEC assured the imminent growth in world oil demand

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The organization of countries-exporters of oil (OPEC) raised the forecast of world oil demand in 2017 to the end of the decade. In the cartel expect the lower prices stimulate consumption in the face of slowing economic growth. About it it is told in published on Tuesday, November 8, the …

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Oil prices came down

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Oil prices are falling. This is according to electronic trading on the London and new York exchanges. On London’s ICE Futures exchange futures for Brent crude oil with delivery in January has decreased on 0,77%, to $46,50 per barrel. On the new York Mercantile exchange (NYMEX), the December futures for …

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Us expert predicts drop in oil prices to $25 in 2017

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The past six months, experts around the world are trying to find the answer to one question: whether country-the oil producers to agree to reduce its production? Co-owner of new York’s Again Capital John Kilduff told about his vision of further developments in the oil industry, Vesti.Economy. According to experts, …

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OPEC countries boosted oil production to record level

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In October, the Organization of countries-exporters of oil (OPEC) has increased oil production to a record 34,02 million barrels per day. Compared to September, production grew by 170 thousand barrels a day. On Wednesday, November 2, reported Bloomberg, citing its own data. So, Saudi Arabia has cut production last month …

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The price of oil fell below $ 47 per barrel

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The price of Brent crude oil fell below $ 47 per barrel for the first time from 28 September 2016. This is evidenced by trading Intercontinental exchange ICE. Oil has accelerated the decline against the background of data about fuel stocks in the United States, which increased during the week …

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Astana does not intend to limit oil production at Kashagan

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Regardless of agree or not agree the country-oil producers to reduce production volumes are no restrictions on the largest in Kazakhstan’s Kashagan oil and gas field will not. It was declared to journalists by Minister of energy of the Republic Kanat Bozumbayev. «The question of restriction of output at Kashagan …

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