Oil prices are stable
15:49 01.03.2024 3210
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.
Diplomats of Turkmenistan and China discussed the prospects for cooperation in the field of transport, energy and other areas
Minister of Foreign Affairs of Turkmenistan Rashid Meredov and Chinese Ambassador Qian Naicheng at a meeting on Thursday noted the great potential of bilateral trade and economic cooperation in the interests of developing regional and international partnerships, the website of the Foreign Ministry of Turkmenistan reports.
The Chairman of the Mejlis of Turkmenistan discussed important areas of bilateral cooperation in Japan
In Japan, on February 21, a meeting was held between the Chairman of the Mejlis of Turkmenistan Dunyagozel Gulmanova and the Secretary General of the Cabinet of Ministers of Japan Yoshimasa Hayashi, reports the Ministry of Foreign Affairs of Turkmenistan.
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The oil and gas potential of Turkmenistan will be presented at the investment forum in Paris
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