Oil prices are stable
10:49 01.03.2024 6399
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.
Turkmenistan launched initiatives to expand partnerships within the framework of the EU-Central Asia format
A regular meeting of the heads of the foreign affairs agencies of Central Asia and the European Union in the «EU – Central Asia» format opened on November 22 in Dushanbe, the website of the Ministry of Foreign Affairs of Turkmenistan reports. The meeting was attended by a delegation of our country led by Deputy Foreign Minister Vepa Khadzhiev.
Acceleration of the TAPI gas pipeline and other joint projects discussed in Islamabad
Ambassador of Turkmenistan to the Islamic Republic of Pakistan Atajan Movlamov met with the Federal Minister of Finance and Revenue of Pakistan, Senator Muhammad Aurangzeb, the website of the Embassy of Turkmenistan in Pakistan reported on August 12.
Scientific and practical conference "Caspian Sea - a sea of friendship and peace" was held in Avaza
On August 11-12, the Avaza National Tourist Zone hosted celebrations dedicated to the Caspian Sea Day, the website of the Ministry of Foreign Affairs of Turkmenistan reports.
Serdar Berdimuhamedov will discuss development of Turkmen-Chinese cooperation with Vice Premier of the State Council of the People's Republic of China
Today, November 22, a video communication system will be held between the Vice-Chairman of the Cabinet of Ministers of Turkmenistan Serdar Berdimuhamedov and a member of the Standing Committee of the Politburo of the Central Committee of the Communist Party of China, Vice Premier of the State Council of the PRC Han Zheng. This was reported by Xinghua news agency with reference to the official representative of the PRC Foreign Ministry Zhao Lijian.
Products of the TCOR and Turkmengaz are among the foreign exchange transactions at the auction
At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan last week, 37 transactions were registered.