Oil Sector News

Ukrtransnafta exposed two oil theft schemes

Since the beginning of the year, the division's employees have identified and eliminated 26 tie-ins in oil and condensate pipelines.

Oil prices continue to decline

The market is under pressure from the deteriorating prospects for the global economic recovery.

Brent crude is trading below $42 per barrel

Oil prices continue to decline.

Force majeure regime lifted at fields and ports of Libya

The emergency mode will remain where the presence of any armed formations is confirmed.

Brent crude is trading above $43 per barrel

Fears for a recovery in demand continue to put pressure on market participants.

OPEC+ does not plan to further reduce oil production due to falling prices

The alliance is likely to extend the compensation period to October and November.

Oil Sector Analytics

Oil prices in March-July 2020: record highs

The situation with oil prices has not demonstrated stability over the past 4 months.

Energy consumption in Ukraine in March

Diesel and liquefied gas continue to grow, but the growth rate has slowed.

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.