News Archive (2018-5-10)

Uzbekistan will participate in the financing of the TAPI project

Uzbekistan will allocate funds for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) project. This was stated by Director General of the Association of banks of Uzbekistan Bakhtiyor Khamidov, RIA Novosti reported. Khamidov also said that Turkmenistan and Uzbekistan plan to jointly implement other projects in various spheres, many of which were initiated by the Turkmen side. As reported, on April 23-24,...

Oil prices go up: Brent - $ 77,77 per barrel, WTI - $71,71

The price of July futures on Brent on the London ICE Futures exchange rose by 8:01 GMT on may 10 by $0.56 (0.73%), to $77.77 per barrel. This is evidenced by the auction. May 9 contracts increased in price to $2.36 in (3,15%) - to $at 77.21 per barrel. The price of the WTI futures for June...

OPEC+ is no longer focused on the reduction of oil

The reduction of oil reserves to the five-year average is no longer the goal of OPEC+. This was stated by the Minister of energy of Saudi Arabia Khaled al Faleh, according to the Russian Agency ANI. The OPEC + Ministerial monitoring Committee is considering new criteria for measuring the effectiveness of a transaction. The initial benchmark...

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