News Archive (2017-11-7)

Turkmenistan will participate in a meeting of OPEC+ cooperation on November 30 in Vienna

The Minister of Energy of the Russian Federation Alexander Novak, the deputy prime minister of Uzbekistan Alisher Sultanov, the Minister of Energy, the industry and mineral resources of Saudi Arabia Khalid al-Falikh, the Minister of Energy of Kazakhstan Kanat Bozumbayev at a meeting in Tashkent discussed a situation in the oil market, INTERFAX reports. ​As it is said...

Oil reached a two-year maximum after arrest of the Saudi princes

Following the results of the biddings on Monday, November 6, the cost of the January contract for Brent crude oil at the ICE Futures exchange in London flew up for $2,20 (3,54%) and constituted $64,27 for barrel, the Russian AII agency reports. The November futures for WTI on the New York Mercantile Exchange of NYMEX jumped up...

The former secretary general of OPEC told about the future of oil prices

The tendency of increase in prices for oil to values which were not observed since 2015 will remain as the demand and supply of crude oil recovered the balance, the former secretary general of OPEC René Ortiz said. "Demand growth — is already a tendency, it is noticeable that economic recovery of the European Union and...

2014