News Archive (2018-9-5)

Oil prices are falling

World oil prices on Wednesday are falling after subsided fears of a sharp decline in production due to the storm "Gordon" in the Gulf of Mexico, according to the auction, RIA Novosti reported. As of 8.22 GMT, the cost of November futures for the North sea oil mixture of the Brent brand decreased by 0.42% —...

Gurbanguly Berdimuhamedov acquainted with the progress of major projects by the helicopter

On Tuesday, the President of Turkmenistan made a flight around the major new buildings of the capital. The leader of the country by the helicopter got acquainted with the situation on the construction of a number of facilities and the implementation of programs for the modernization of social infrastructure and improvement of the city. Before the...

Brent is stable - $78.13 per barrel, WTI goes up - to $70.11 per barrel

The price of Brent crude oil on September 4 is slightly reduced after the growth on the eve, while WTI is growing in price on fears of supply disruptions due to tropical storm "Gordon". This is evidenced by the auction. The price of November futures on Brent on the London stock exchange ICE Futures to 8:08...

China will remain dependent on gas imports, - Global Platts

The company PetroChina, the largest producer and distributor of oil and gas in China, owned by the Chinese oil and gas Corporation, plans to increase domestic production of natural gas. However, even with efforts to increase production, supply will lag behind actual demand for clean fossil fuels. That is, in the foreseeable future China will...

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