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Oil is becoming more expensive due to Saudi Arabia’s desire to reduce its production

    Oil is becoming more expensive due to Saudi Arabia’s desire to reduce its production
Today, the financial markets have experienced the growth of oil futures for both Brent crude oil and WTI crude oil. The trend will go on. The growth has been caused
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OPEC Members Has Signed an Agreement About Crude Oil Production Cut. What Shall Financial Market Expect?

    OPEC Members Has Signed an Agreement About Crude Oil Production Cut. What Shall Financial Market Expect?
OPEC members finally have come to an agreement. On 30th November the Agreement about the crude oil production cut was signed. How will this fact influence the oil prices and
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Black Gold is falling due to the doubts that the OPEC countries will limit the production

    Black Gold is falling due to the doubts that the OPEC countries will limit the production
Oil prices are falling on Monday after Iraq’s statement that it must be free from the obligations within the limits of the OPEC cartel agreement on the reduction of raw
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Saudi Arabia will place international bonds for the sum of $ 10 billion

    Saudi Arabia will place international bonds for the sum of $ 10 billion
Bloomberg, citing its sources, reports that Saudi Arabia is going to place international bonds. This week the kingdom has already planned to attract $ 10 billion. According to the sources,
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“Rosneft” will not support the OPEC agreement on the oil production freeze

  “Rosneft” will not support the OPEC agreement on the oil production freeze
Reuters reported that the company “Rosneft” is not going to limit or freeze the oil production according to the potential
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Al-Falih сonsiders that the OPEC does not have to strictly limit the production

  Al-Falih сonsiders that the OPEC does not have to strictly limit the production
Khalid Al-Falih, Minister of Energy of Saudi Arabia, which is the largest producer of the OPEC, made a statement on
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The volume of the OPEC production has reached the record rates because of Iraq and Libya

  The volume of the OPEC production has reached the record rates because of Iraq and Libya
Reuters reported that the production of the OPEC cartel could reach an unprecedented figure in September. This can happen due
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Brent crude oil has fallen below $ 49

  Brent crude oil has fallen below $ 49
The 7% rise in oil price for 2 days, which was caused by the data on the preliminary arrangements on
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API: the US raw material inventories fell last week. Oil is rising in price

  API: the US raw material inventories fell last week. Oil is rising in price
The data of the American Petroleum Institute (API) showed that the US raw stocks had fallen last week. This was
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Oil has grown above $ 46 on the statement of the Algerian Minister of Energy

  Oil has grown above $ 46 on the statement of the Algerian Minister of Energy
Oil quotes have soared by about 1% on Monday morning because of the statements of  the Algerian Energy Minister Noureddine
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