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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The intensification of the conflict between the USA and China leads to reduction of oil prices

    The intensification of the conflict between the USA and China leads to reduction of oil prices

The energy market has started the trading session rather unsuccessfully. The next round of the trade war between the States and China caused the price fall. Because of this investors

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In April, oil production in Norway significantly decreased

    In April, oil production in Norway significantly decreased

The Norwegian Petroleum Directorate has released statistics on hydrocarbon production in April. It became known that the Scandinavian country has reduced oil, condensate and NGL production by 2.9% (on a

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Russian oil export duty to increase 1.5 American dollars

  Russian oil export duty to increase 1.5 American dollars

The Ministry of Finance of the Russian Federation has published the important information on its official website regarding oil export

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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

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Oil news: Brent is depreciating

  Oil news: Brent is depreciating

Oil has begun the week with the fall in quotations. Analysts believe that the deterioration of relations between the US

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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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WTI drops below 15 dollars per barrel

  WTI drops below 15 dollars per barrel

Monday will become part of the trading history. The fact is that today, May futures for WTI oil have fallen

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News about further extraction cut caused 5% oil growth

  News about further extraction cut caused 5% oil growth

Today’s session started with the increased volatility of black gold. The growth has amounted to 5%. We recall that full

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