Oil started to growth against the background of the lower supplies from Iran

Oil prices started to grow against the background of reports on the reduction of the export of oil and oil condensate from Iran to a minimum of more than 2 years. According to Bloomberg, in August, Iran shipped for export slightly less than 2 million 100 thousand barrels per day. In November, the US plans to introduce a second part of the sanctions against Iran, including measures for the oil industry. The price of November futures for Brent crude oil on Monday by 14:00 Moscow time rose by 38 cents to 78 dollars 2 cents per barrel, approaching the maximum in two months. October futures for WTI oil by this time went up by 9 cents to 69 dollars 89 cents per barrel.

04.09.2018
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Glencore to trim copper and zinc production targets

Glencore to trim copper and zinc production targets Glencore PLC said that it would produce slightly less copper and zinc in the year than initially planned. The world’s biggest commodity trader has trimmed their production targets from ...
25.10.2019

Offshore wind farms to invest $1.2 trillion to hit climate goals

Offshore wind farms to invest $1.2 trillion to hit climate goals An influx of new offshore wind farms around the world is set to invest an estimate of $840 billion over the next two decades, the International Energy Agency (IEA) said. The Paris-based ...
25.10.2019

Amazon shares fall 7%, forecasts below expectation

Amazon shares fall 7%, forecasts below expectation Amazon.com Inc’s forecast revenue and profit for the holiday quarter was below expectations as it faced fierce competition and rising costs from plans to speed up global delivery times. Shares ...
25.10.2019

China to request U.S. to remove tariffs in exchange for farm purchases

China to request U.S. to remove tariffs in exchange for farm purchases Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products. However, Beijing will request cancellation of some planned and ...
25.10.2019

Oil prices drop after recovering from surprise dip in U.S. inventories

Oil prices drop after recovering from surprise dip in U.S. inventories Oil prices dropped on Thursday in Asia which overlooked gains following a surprise dip in U.S. inventories. Oil prices rallied more than 1% overnight after the U.S. Energy ...
24.10.2019
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