Oil prices are stable
10:49 01.03.2024 6406
At Thursday’s trading, oil prices maintained their stable prices after several mixed changes occurred last week.
According to information presented at 9:20, the price of April futures for Brent oil on the London ICE Futures exchange is $83.62 per barrel. This is 0.06 (0.07%) less than the close of previous trading.
As of Wednesday, the price of these contracts increased by 0.03%, reaching $83.68 per barrel.
The last contracts for April futures expire on Thursday, and the more dynamically traded contracts for May assets are at $82.07 per barrel of oil. This is 0.08% (0.1%) lower than the previous session’s close.
According to information presented at electronic trading on the New York Mercantile Exchange (NYMEX), the price of WTI oil in April decreased by 0.02% and amounted to $78.52 per barrel. Thanks to the results of previous trading, the price of these contracts decreased by 0.33% (0.4%) – from $78.54 to $78.53 per barrel.
An increase in US oil inventories according to the Department of Energy caused a decline in the price of WTI on Wednesday. Over the past week, commercial oil inventories in the United States increased by 4.2 million barrels. At the same time, oil reserves at the Cushing terminal increased by 1.5 million barrels.
The oil market was slightly supported by news about a possible extension of temporary restrictions on oil production into the second quarter.
New Chairman of the State Concern “Turkmengeology” was appointed
President of Turkmenistan Serdar Berdimuhamedov, during a meeting of the Cabinet of Ministers held on Thursday, made personnel changes in the leadership of the State Corporation “Turkmengeology”.
Companies from the UAE and Afghanistan purchased fuel and energy products at the auction
Last week, 89 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The President emphasized the importance of introducing energy-saving technologies into the work of the Turkmengasupjunchilik Association
The importance of introducing advanced energy-saving technologies into the practical work of the Turkmengasupjunchilik Association was emphasized at a meeting of the Cabinet of Ministers, which President Serdar Berdimuhamedov held on August 31 in a digital system.
The delegation of Turkmenistan discussed promising areas of cooperation with French companies
The official delegation of Turkmenistan headed by the Vice-Chairman of the Cabinet of Ministers of Turkmenistan, Minister of Foreign Affairs Rashid Meredov is on a visit to France on September 4-5, during which issues of enhancing the Turkmen-French partnership are discussed. This was reported by the Ministry of Foreign Affairs of Turkmenistan.
Preparations are underway for the International Conference and Exhibition OGT-2023
Mitro International and Hyundai Engineering Co. Ltd. Confirmed the silver partnership at the International Conference OGT-2023, which will be held on October 25-27 in Ashgabat. This is reported by the organizers of the upcoming forum.