Oil Sector News

Two oil tankers were attacked in the Gulf of Oman – oil prices spiked 4%

Two oil tankers were attacked in the Gulf of Oman on Thursday. Oil prices spiked 4% in response to the attacks.

The first Swiss AVIA filling station has opened in Ukraine

The filling station is located in Svyatoshinsky district of Kyiv.

Luhansk TPP may be switched to gas or to import anthracite from alternative sources

Such options are possible if Russia does not extend the shipment of coal to thermal power plants.

Greek investors are interested in bidding on Ukrainian oil and gas fields

Earlier, the Cabinet of ministers approved a decree on auctions by electronic trading for the sale of special licenses for the use of subsoil.

Karpatneftekhim began importing raw materials by sea because of Russian restrictions

On June 8-9, Karpatneftekhim petrochemical plant delivered a tanker with 30 thousand tons of straight-run gasoline from Bulgaria to the port of Odessa.

Russia has not yet decided to extend the transaction OPEC +

A meeting of energy ministers of the countries participating in the agreement on limiting oil production will be held on June 25.

Oil Sector Analytics

Fall in Brent and WTI oil prices

On May 23, the price of a barrel of Brent oil decreased by $4.49, WTI - by $3.5.

Use of fuel in Ukraine

In April 2019 the use of fuel oil is lower by 64.7% compared to the same period in 2018.

Oil transportation by Ukrainian pipelines

In April 2019 Ukrainian pipelines transmitted 1040 thousand tons of oil.

The results of PJSC Unrnafta's work

Company's net profit amounted to 296 mln UAH.