International Energy Agency downgrades forecast for oil demand in 2021

The rise in COVID-19 cases is slowing the recovery in oil demand.

Brent went up to $55.08 per barrel

Continued high rates of COVID-19 worldwide are impairing the outlook for oil demand.

Iranian companies sign eight agreements to boost oil production

Iran plans to produce 4.5 million barrels of oil and gas condensate per day in 2021.

Mine found on hull of oil tanker off the coast of Iraq

A large magnetic mine was found on a tanker anchored by a client of the Iraqi state oil company SOMO.

Brent crude oil rose to $51.12 per barrel

On Tuesday oil quotations rise on optimism about new stimulus measures in the US.

Oil becomes cheaper due to the spread of a new strain of coronavirus in the world

The weekly decline in oil prices was recorded for the first time since the week ended October 30.

Ukraine reduced coal consumption and increased gasoline

Gas was saved at the beginning of the year. Then they began to consume more than last year.

Oil prices in March-July 2020: record highs

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

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 November.