Oil prices are stable
10:49 01.03.2024 5909
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.
In the top of exchange trading – products of TCOR
26 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
In January-March, the trade turnover of Turkmenistan with Russia increased by 10.4%
Trade turnover between the Russian Federation and Turkmenistan in January-March 2023 increased by 10.4%. This was reported by the newspaper “Neutral Turkmenistan”.
Products of the State Corporation “Turkmennebit” sold for foreign currency at the auction
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
The President of Turkmenistan received the Ambassador Extraordinary and Plenipotentiary of Kazakhstan
President Serdar Berdimuhamedov received the newly appointed Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan to Turkmenistan Nurlan Nogayev, who presented his credentials to the head of state, TDH reports.
At the end of 2021, Turkmenistan leads in the supply of aviation fuel to Georgia
Turkmenistan ranked first in the supply of aviation fuel to Georgia in 2021, Report informs citing the Union of Petroleum Products Importers of Georgia. Over the past year, 57.7 thousand tons of jet fuel were delivered from Turkmenistan to Georgia.