Oil prices fall on deteriorating demand prospects, Brent at $ 55.45 per barrel
14:56 03.02.2021 6471
Oil prices tumble on Wednesday amid expectations of lower demand amid high incidence of COVID-19 and current restrictive measures, Interfax reports.
Worsening demand forecasts levels the support, which was provided to the market by the data on the decline in US oil reserves published the day before, writes Bloomberg.
The cost of March futures for Brent oil on the London ICE Futures exchange by 8:15 Moscow time on Thursday is $ 55.45 per barrel, which is $ 0.36 (0.65%) below the price at the close of the previous session. As a result of trading on January 27, these contracts fell by $ 0.1 (0.2%) - to $ 55.81 per barrel.
The price of WTI crude oil futures for March in electronic trading on the New York Mercantile Exchange by this time is $ 52.53 per barrel, which is $ 0.32 (0.61%) below the level at the close of the market on Wednesday. The day before, futures rose in price by $ 0.24 (0.5%) - up to $ 52.85 per barrel.
The TAPI gas pipeline will benefit the entire region, including $1 billion to Afghanistan for transit, – Pakistani Foreign Minister
The implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is beneficial for the entire region, and Afghanistan alone will receive $1 billion in transit fees and royalties, Foreign Minister Shah Mahmoud Qureishi said on Thursday, the Pakistani Daily Times reported.
As a result of the Ashgabat summit of the leaders of Turkmenistan, Tajikistan and Uzbekistan, a Joint Statement was adopted
The first trilateral summit of the heads of state of Turkmenistan, Tajikistan and Uzbekistan, held on Friday at the Arkadag Hotel in Ashgabat, ended with the adoption of the Joint Statement, TDH reports.The document reflects topical issues of regional cooperation, which were discussed at a meeting between the Presidents of Turkmenistan Serdar Berdimuhamedov, Tajikistan Emomali Rahmon and Uzbekistan Shavkat Mirziyoyev.
Pakistani Foreign Minister discussed the situation in Afghanistan with the leadership of Turkmenistan
The situation in Afghanistan and further steps to intensify regional cooperation in order to maintain peace and stability in the region were discussed on Thursday at a meeting between President of Turkmenistan Gurbanguly Berdimuhamedov and Pakistani Foreign Minister Shah Mehmud Qureshi, who is on a visit to Turkmenistan, the website of the Foreign Ministry of Turkmenistan reports.
Turkmenistan continues to provide electricity to the regions of Afghanistan, - MFA
Turkmenistan continues to supply electricity to neighboring Afghanistan in accordance with existing contracts, the website of the Ministry of Foreign Affairs of Turkmenistan reports.
Turkmenistan and Italy signed a memorandum of cooperation in the field of transport
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