Oil is confidently rising in price, the price of Brent rose to $76.42 per barrel
16:27 09.12.2021 5394
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.
Participants of the International Scientific Conference discussed the environmental aspects of the development of hydrocarbon fields
On June 15, the capital of Turkmenistan hosted the International Scientific Conference “Energy Prospects, New Technologies for the Development of Hydrocarbon Deposits”. The conference was organized by the State Concerns "Turkmengas" and "Turkmennebit", the State Corporation "Turkmengeology" in partnership with the ES "Turkmen Forum" and the British company Gaffney Cline.
Turkey to host summit of natural gas exporters on February 14-15
A gas summit is planned to be held in Istanbul on February 14-15 with the participation of representatives of countries exporting «blue» fuel from Central Asia, the Middle East and the Mediterranean Sea. This was announced by the Minister of Energy and Natural Resources of Turkey Fatih Donmez, Anadolu agency reports.
Xi Jinping in congratulations to Serdar Berdimuhamedov expressed readiness to make efforts to develop partnership
n a congratulatory message to President of Turkmenistan Serdar Berdimuhamedov on his birthday, President of the People's Republic of China Xi Jinping expressed readiness to make joint efforts to further develop interstate partnership for the benefit of the peoples of the two countries.
Pre-conference day of the TESC 2025 forum
On Thursday, June 5, the International Scientific and Practical Conference "Environmental Aspects of Implementation of Innovative Technologies in the Development of Hydrocarbon Deposits" (TESC) will open in Ashgabat. The forum is organized by the State Concerns "Turkmengas", "Turkmennebit", the State Corporation "Turkmengeology" together with the "Turkmen Energy Forum".
Ministry of Defense of Afghanistan guarantees safety during the construction of the TAPI gas pipeline and other projects in the country
On Sunday, as part of a working visit to Kabul, Turkmen Foreign Minister Rashid Meredov held a number of meetings with high-ranking officials of Afghanistan, as a result of which security guarantees were obtained for the implementation of infrastructure projects in the neighboring country, the website of the Foreign Ministry of Turkmenistan reports.