Energy market news

    Energy market news

On Saturday, representatives of the countries included in the OPEC+ cartel managed to agree on the extension of the restrictions on oil production. It also became known that those countries

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Serious drawdown of oil quotes

    Serious drawdown of oil quotes

Today, oil is actively declining. A very significant increase in the reserves of “black gold” in the United States caused this drop. Moreover, the fears that Russia will not reduce

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Oil grows due to the balance expectations

    Oil grows due to the balance expectations

The energy market ended the week in a “green zone”. The American WTI crude oil showed two-month highs on Friday. The European Brent did not lag behind the overseas brand

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American exchanges prepare for negative oil quotes

    American exchanges prepare for negative oil quotes

The Commodity Futures Trading Commission (CFTC) has issued a recommendation to brokers and exchanges. It says that the oil markets will remain extremely high volatility and low liquidity, so the

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Oil market: correction after fall

  Oil market: correction after fall

Yesterday, there was a drop of quotations in the energy market. Today, the assets are slightly adjusting in spite of

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Oil recovers after yesterday’s fall

  Oil recovers after yesterday’s fall

As of 8 a.m. (Moscow time), July contracts for the European Brent crude oil have grown by $ 0.17 (0.57%)

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OPEC+ agreement to cut production came into force

  OPEC+ agreement to cut production came into force

May 1 has come. Market participants have been waiting for this day, because on this very day the OPEC+ countries

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Energy Market News

  Energy Market News

Today’s session began for “black gold” with a fairly significant decline in quotations. The asset is getting cheaper because the

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Oil recovers due to the news about drilling stop in the US

  Oil recovers due to the news about drilling stop in the US

This week, “black gold” seems to get crazy. Oil futures of the American WTI crude oil have shown negative values.

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Confusion in oil markets leads to the drop of Brent prices

  Confusion in oil markets leads to the drop of Brent prices

What is happening in the energy market today is nothing but agony. The fall in demand and the catastrophic lack

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