Oil prices are stable
15:49 01.03.2024 4324
At Thursday’s trading, oil prices maintained their stable prices after several mixed changes occurred last week.
According to information presented at 9:20, the price of April futures for Brent oil on the London ICE Futures exchange is $83.62 per barrel. This is 0.06 (0.07%) less than the close of previous trading.
As of Wednesday, the price of these contracts increased by 0.03%, reaching $83.68 per barrel.
The last contracts for April futures expire on Thursday, and the more dynamically traded contracts for May assets are at $82.07 per barrel of oil. This is 0.08% (0.1%) lower than the previous session’s close.
According to information presented at electronic trading on the New York Mercantile Exchange (NYMEX), the price of WTI oil in April decreased by 0.02% and amounted to $78.52 per barrel. Thanks to the results of previous trading, the price of these contracts decreased by 0.33% (0.4%) – from $78.54 to $78.53 per barrel.
An increase in US oil inventories according to the Department of Energy caused a decline in the price of WTI on Wednesday. Over the past week, commercial oil inventories in the United States increased by 4.2 million barrels. At the same time, oil reserves at the Cushing terminal increased by 1.5 million barrels.
The oil market was slightly supported by news about a possible extension of temporary restrictions on oil production into the second quarter.
Conference dedicated to the historical decisions of the Halk Maslakhaty of Turkmenistan was held
A conference dedicated to the historic decisions of the meeting of the Halk Maslakhaty (People's Council) of Turkmenistan, held on February 11 this year, was organized in the Central building of the oil and gas complex of Turkmenistan.
In 2021, Turkmenistan's income from the export of oil and oil products to Georgia exceeded 191 million US dollars
At the end of 2021, the export of oil and oil products from Turkmenistan to Georgia amounted to $191.8 million, which is 186.2% more than in 2020. This is reported by Trend with reference to the National Statistical Office of Georgia.
CEC registers 6 initiative groups of citizens to nominate candidates for the presidency of Turkmenistan
The Central Commission for Elections and Referendums in Turkmenistan has registered six initiative groups of citizens nominating candidates for the presidential elections to be held on March 12, the organization's website reports.
President called on the diplomats of Turkmenistan to promote the implementation of major international projects in energy and other areas
On Friday, President Gurbanguly Berdimuhamedov congratulated the employees of the diplomatic service of our country on their professional holiday – the Day of Diplomatic Workers of Turkmenistan, which is celebrated on February 18.
About 600 tons of polypropylene yarn were exported to Turkey, Russia and Uzbekistan
«Bagtyyar gurlushyk» company exported about 600 tons of polypropylene yarn. In particular, the company sent these products to Turkey, Russia and Uzbekistan, the press service of the Union of Industrialists and Entrepreneurs of Turkmenistan reported.