Saudi Aramco buys state-owned SABIC for $69 billion

The company acquired a 70% stake.

Brent drops below $38

Brent fell by 8.4% last week.

Brent price drops below $40

The price decreased by $0.56 in value.

The price of Brent rose above $38

August futures on the London ICE Futures exchange rose to $0.32.

Oil prices continue to rise

Easing quarantine restrictions and decreasing production affect the market.

US cuts oil production by 2.3 million barrels per day

Earlier, the US Department of Energy called significantly smaller volumes.

Energy consumption in Ukraine in February 2020

The decline in coal consumption slowed down but did not stop.

Oil price dynamics amid a price war between OPEC and Russia

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