Oil Sector News

Rosneft sold its assets in Venezuela

The assets were sold to a company 100% owned by the Russian government.

WTI oil drops to $20 per barrel

Brent fell to $23.5 per barrel.

Ukrnafta offers the government to introduce tax holidays for oil companies by the end of 2020

The company turned to the government and the President for help.

US Department of Energy spokesman to work in Saudi Arabia on oil issues

The senior adviser to the US Secretary of Energy, Victoria Coates, will go to the country.

Petroleum products must be sold – expert on fuel reserves

Now the situation is quite normal.

Ukrtransnafta unloads the third oil tanker for Belarus

The company has already accepted two tankers at Yuzhnyi offshore oil terminal.

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.