News Archive (2018-4-11)

Oil prices decline after a sharp rise on Tuesday

June futures for Brent crude by 7:52 GMT, April 11 decreased by 30 cents (0.4%) - to $70.74 per barrel. This is evidenced by the auction. Quotes May contract for oil WTI fell by 16 cents (0.2%) and amounted to $65.35 per barrel, "Finmarket" reports. At the end of trading on April 10, the value of the...

Uzbekistan aims to increase trade turnover with Turkmenistan to 500 million dollars

Recently approved by the President of the country "Priority directions of development of foreign policy and foreign economic cooperation with the main foreign partners in the medium term" were announced in Uzbekistan, the news Agency Media-Turkmen ORIENT notes. According to this kind of road map, Tashkent puts its closest neighbors – the countries of Central Asia,...

The surplus of world oil reserves may disappear in two-three months, - IEA

The surplus of world oil reserves may disappear in two-three months. This opinion was expressed by the head of the Department of the oil industry and markets of the International energy Agency (IEA) Neil Atkinson. "Over time, oil reserves began to fall, it becomes clear that the five-year average is within sight," - he said. "It may...

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