Oil is confidently rising in price, the price of Brent rose to $76.42 per barrel
16:27 09.12.2021 5606
Oil prices are rising on Thursday on new signals that the spread of the omicron COVID-19 strain will not have such serious consequences for the global economy as initially expected, Interfax reported.
On the eve of the American Pfizer and the German BioNTech SE published preliminary results of laboratory studies regarding the effectiveness of the vaccine against the omicron strain. Studies have shown that three doses of the vaccine provide the same level of protection against omicron as two doses against the common COVID-19 virus.
«Traders are beginning to realize that while the omicron may lead to some weakening in demand, the impact will not be as dire as expected», Phil Flynn, senior oil analyst at Price Futures Group, said.
The cost of February Brent oil futures on the London ICE Futures exchange by 8:15 Moscow time on Thursday is $ 76.42 per barrel, which is $ 0.6 (0.79%) higher than the price at the close of the previous session. As a result of trading on Wednesday, these contracts rose by $ 0.38 (0.5%) – to $ 75.82 per barrel.
The price of WTI crude oil futures for January in electronic trading on the New York Mercantile Exchange (NYMEX) is by this time $ 73.06 per barrel, which is $ 0.7 (0.97%) higher than the final value of the previous session. By the close of trading on Wednesday, the value of these contracts increased by $ 0.31 (0.4%) and amounted to $ 72.36 per barrel.
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Products of oil refineries were sold at the auction
Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The President of Turkmenistan and the Vice President of the UAE noted the active dynamics of cooperation in the energy, oil and gas and other spheres
The development of bilateral cooperation was discussed at a meeting on February 21 between the President of Turkmenistan Serdar Berdimuhamedov and the Vice President, Deputy Prime Minister, Minister of the Presidential Administration of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, who arrived in our country on a visit, TDH reports.
Dynamic development of national investments is carried out at the fields of Turkmenistan
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.