Brent crude is trading above $43 per barrel

Fears for a recovery in demand continue to put pressure on market participants.

OPEC+ does not plan to further reduce oil production due to falling prices

The alliance is likely to extend the compensation period to October and November.

Turkey may soon announce the discovery of hydrocarbon deposits in the Mediterranean and Black Seas

By the end of the year, a floating platform for natural gas storage will arrive in Turkey.

Iraq is discussing the country's participation in the OPEC+ deal again

Low oil prices are affecting the financial position of the country.

The United States reduced oil imports from Saudi Arabia by almost 50%

This was the minimum for at least the previous 10 years.

Oil trades below $40 a barrel again

Commercial oil reserves in the United States increased by 2.03 million barrels last week.

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.

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.