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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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

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OPEC+ countries are possible to extend May restrictions for another two months

    OPEC+ countries are possible to extend May restrictions for another two months

A reputable publication The Wall Street Journal has published the information about the possible extension of production restrictions by OPEC+ countries. It should be noted that the restrictions, which were

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Saudi Arabia allocates huge sums to help business

    Saudi Arabia allocates huge sums to help business

The central bank of Saudi Arabia is called the Saudi Arabian Monetary Authority. It became known that the regulator had decided to actively and  substantially help against the consequences of

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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 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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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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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.

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Saudi Arabia buys shares of oil companies from the EU

Saudi Arabia buys shares of oil companies from the EU

The energy market is currently having a tough time low oil quotes logically lead to a drop in stock prices

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