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Daily (16.01.2017): Crude oil prices close the week 3% lower on OPEC persisting doubts
Crude oil prices tumbled on Friday and closed the week 3 percent lower on prolonging doubts over the extent of OPEC reductions and after China, the world’s second largest oil consumer, reported the sharpest falls in overall exports since 2009.
read more... 16/01/2017
Georgia and Gazprom agreed on monetization and reduction of gas price
Georgian government officials on Wednesday agreed on new payment terms for transit of gas across the country by Russian-owned Gazprom.
read more... 13/01/2017
Daily (13.01.2017): Crude oil gains ground on supply reductions, record demand expectations from China
Crude oil prices boosted over 1 percent on Thursday on news that top crude producers, including Saudi Arabia and Russia, were reducing production to tackle a global crude oversupply and expectations for a record demand in China.
read more... 13/01/2017
Daily (12.01.2017): Crude oil prices post the largest rise in over a month on weakening dollar
Crude oil prices surged over 2.5 percent on Wednesday, posting their largest increase in more than a month, buoyed by weaker U.S. dollar aftermath a conference held by U.S. President-elect Donald Trump and o news that Saudi Arabia slashed exports to Asia.
read more... 12/01/2017
Daily (11.01.2017): Crude oil dips 2% on stronger dollar, doubts OPEC reductions
Crude oil prices shed 2 percent on Tuesday to hit the weakest level in nearly a month, prolonging the previous session’s sell-off as the U.S. dollar appreciated and on intensified doubts over whether producing countries would implement a deal to curb output.
read more... 11/01/2017