Oil Sector News

Smart Energy will continue to work at the Svistunkovske-Chervonolutske field

Licence for Svystunkivsko-Chervonolutske field is valid.

Brent price rises above $43 per barrel

WTI is trading at almost $41.

Kazakhstan exceeded its obligations to reduce production under the OPEC+ deal in June

Oil production amounted to 1.297 million bpd in June.

The court invalidated the special permission of Arkona to develop the Svistunkivsko-Chervonolutsk field – Ukrnafta

Kyiv District Administrative Court upheld the claims of Ukrnafta.

Azerbaijan proposes to increase the number of countries in OPEC+

The country will continue to fulfill its obligations under the OPEC+ deal.

Saudi oil exports fell below 6 million bpd in June

Back in May, this figure was at the level of 6.2 million bpd.

Oil Sector Analytics

Oil price dynamics amid a price war between OPEC and Russia

Over the past week, world oil quotations have experienced serious volatility.

LPG consumption accelerates

The State Statistics Service recorded an increase in LPG consumption by 24.7%.in November.

Ukrtransnafta increased oil flow volumes in 2019

In particular, the volume of transportation to Kremenchuk increased by 13.4% at the end of the year.

Ukrtransnafta continues to increase oil pumping volumes

The volume of transportation to Kremenchuk has increased by 12.9% for 11 months.