Brent price grows up to $ 40.12 per barrel due to signals of reduction production

    Brent price grows up to $ 40.12 per barrel due to signals of reduction production

Brent crude oil price has increased today, WTI crude oil is in equilibrium. Both assets have finished the week with the growth (for six weeks  in a row). The reason for this is the determination of the cartel countries to extend the agreement to reduce oil production. At 8.10 Moscow

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Urals price falls 40.9%

    Urals price falls 40.9%

The Ministry of Finance of the Russian Federation has reviewed the oil price dynamics of the best-selling oil brand in Russia. We are talking about high-sulfur blend oil Urals. It turned out that for the period from January to May 2020, the average price of Urals had amounted to $

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The Bank of Russia eases monetary policy by 50 bp

    The Bank of Russia eases monetary policy by 50 bp

About a week ago, Elvira Nabiullina, Head of the Central Bank of the Russian Federation, hinted at the upcoming easing of monetary policy. Experts almost unanimously believed that the Central Bank would reduce the key rate, opinions differed only with respect to that step. Many believed that the Central Bank

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Russia and Saudi Arabia argue on the eve of the OPEC+ meeting

    Russia and Saudi Arabia argue on the eve of the OPEC+ meeting

Today began with a decline in the energy market. It was caused by investors’ skepticism about the fact that Saudi Arabia, the United States and the Russian Federation would be able to agree on the cut of the world production by at least 10%. At 7:15 Moscow time, Brent oil

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Energy ministers are going to make things right on the oil market

  Energy ministers are going to make things right on the oil market

The U.S. Department of Energy has released an official statement saying that U.S. Secretary of Energy Dan Brouillette and Alexander Novak, who holds a similar post in the Russian Federation, have had telephone conversations. It became known that the ministers

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The Central Bank of Russia does not ease the policy

  The Central Bank of Russia does not ease the policy

The press service of the Central Bank of the Russian Federation has issued an important message. It says that the regulator has kept the current value of the key rate at 6%. Representatives of the Central Bank noted that all

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Bulgaria is going to refuse half of gas delivered from Russia

  Bulgaria is going to refuse half of gas delivered from Russia

At the moment, Bulgaria receives almost all of the gas used from the Russian Federation. However, by the end of the year it intends to import half of the gas from other sources. Temenuzhka Petkova, Minister of Energy, has made

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Volvo sets a sales record for six times in a row

  Volvo sets a sales record for six times in a row

In 2019, Volvo recorded an increase in car sales under its brand for 6 times in a row. In a press release issued on this occasion, the company said that for the entire 93-year history, it was the first time

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The share of Russian gas in the EU up to 45%

  The share of Russian gas in the EU up to 45%

The Minister of Energy of the Russian Federation Alexander Novak has announced good news for the national energy sector. The fact is that the share of Russian gas in the European market has risen to a serious figure of 45%.

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In January-August last year gold production increased 20%

  In January-August last year gold production increased 20%

The Ministry of Finance of the Russian Federation has presented data on supplies of raw materials to refineries. The statistics are not lying. According to the figures, in Russia for the period from January to August last year, gold production

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