News Archive (2018-6-22)

Ecologists approved the Trans-Caspian gas pipeline

An important point in the implementation of the project of export of Turkmen natural gas to Europe through the Caspian sea was the study confirming the environmental safety of the pipeline on the seabed. This was stated to journalists by the energy adviser of the EU delegation to Azerbaijan Eric Somelar, media news Agency-Turkmen ORIENT...

Oil prices rise: Brent - $73.88 per barrel, WTI - $66.35

The price of August futures on Brent on the London stock exchange ICE Futures by 8:00 GMT on June 22 increased by $0.83 (1.14%) to $73.88 per barrel. On Thursday, the contracts fell in price by $1.69 (2.26%) to $73.05 per barrel. The price of WTI futures for July on the electronic trading of the New...

OPEC+ committee recommended to increase production by 1 million barrels per day

The OPEC+ monitoring committee recommended the organization and non-member countries to increase oil production by 1 million barrels per day. This was reported in Vienna by the head of the Russian Ministry of energy Alexander Novak. The Minister also added that the recommendation contains special positions for some countries. "There will be a recommendation from OPEC and...

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