Oil Sector News

Oil prices went down after rising to two-week highs

On Friday, benchmark crude oil prices are decreasing after rising to highs of more than two weeks.

Brent went up to $75 per barrel

Oil quotations are rising after rising on Wednesday to two-week highs on data on the decline in US energy stocks.

Brent went up to $74.8 per barrel

Data from the American Petroleum Institute showed a decline in US stocks last week.

Brent went up to $74.81 per barrel

The market is supported by the prospects of limited supply and strong demand in the US.

Brent went down to $73.68 per barrel

On Monday, oil quotations declined amid fears of weakening global demand for raw materials amid rising numbers of people tested positive for COVID-19.

Brent is trading at $73.55 per barrel

At the beginning of the week, futures fell sharply.

Brent price fell to $71.87 per barrel

Oil quotations are declining amid the rapid spread of the COVID-19 Delta strain.

Shebelynka Refinery Plant plans to double gasoline production until 2025

It is planned to increase fuel production at the refinery through the implementation of the hydroisomerization construction project.

Brent price went down to $68.91 per barrel

Oil quotations declined on Wednesday on data on an unexpected increase in US stocks last week.

Brent is trading at $68.8 per barrel

Oil quotations are rising after the collapse on Monday amid the OPEC+ deal.

The SFS ceased activities of illegal fuel production in Chernihiv region

More than 220 thousand litres of illegally manufactured fuel and lubricants were seized.

Lukashenko withdrew Belorusneft from the state concern, which fell under US sanctions

Lukashenko, by his decree, removed Belorusneft from subordination to the Belneftekhim concern.