Cut extraction is surely to happen!

    Cut extraction is surely to happen!

So, the most anticipated event of the month has taken place. The meeting of the OPEC+ countries lasted 11 hours. As the result of the negotiations, the cartel members have

0 comment Read Full Article

Oil grows because of Tramp’s statements

    Oil grows because of Tramp’s statements

Today, energy prices are increasing. We recall that yesterday oil quotes dipped after the data on the growth of energy reserves in the States were published. The information that Donald

0 comment Read Full Article

Monday begins with the drop of oil quotes

    Monday begins with the drop of oil quotes

At 8 am Moscow time, Brent futures  fell 1.56 US dollars (6.26%) and were trading at around 23.37 US dollars per barrel. We recall that on Friday the asset decreased

0 comment Read Full Article

Brent continues to fall because of coronavirus pandemic

    Brent continues to fall because of coronavirus pandemic

Radical measures taken around the world to protect against coronavirus have accelerated the fall in oil prices. At 11:30 am, Moscow time, oil futures of the European Brent decreased 5.25%

0 comment Read Full Article

Oil price lost 25% due to the failure of the OPEC+ transaction

  Oil price lost 25% due to the failure of the OPEC+ transaction

On Monday, oil showed a 25% drop. The reason was the collapse of agreements among the members of the OPEC+

0 comment Read Full Article

Oil drops to annual lows

  Oil drops to annual lows

On Thursday, oil continues to lose ground, after a day earlier it fell to its lowest levels in the past

0 comment Read Full Article

Brent increased up to $ 59.3

  Brent increased up to $ 59.3

Oil is still growing due to the investors’ optimistic mood. Analysts believe that China will be able to take measures

0 comment Read Full Article

China lifts duties from 700 American goods

  China lifts duties from 700 American goods

Chinese authorities are preparing to increase the amount of raw materials purchased from the United States. Thus, China demonstrates its

0 comment Read Full Article

After the drop, Brent recovers to 54.6 dollars

  After the drop, Brent recovers to 54.6 dollars

This morning, the market has seen an increase in oil prices after its 20% drop from the January peak. The

0 comment Read Full Article

Oil started to grow due to the expectations of the production cut

  Oil started to grow due to the expectations of the production cut

Oil is growing because the market is in anticipation of OPEC+ measures in relation to falling demand due to the

0 comment Read Full Article