Brent crude is trading below $85 per barrel

On Wednesday, oil quotations are going down.

Brent went up to $84.5 per barrel

Oil quotations finished trading on Monday in different directions.

Oil prices continue to rise: Brent is trading above $85

Over the past week, Brent went up by 3%, WTI – by 3.7%.

China looks to lock in U.S. LNG as energy crunch raises concerns

Talks with U.S. suppliers began early this year.

Oil prices decline moderately

Many analysts still believe that the sharp rise in gas and coal prices will lead to an increase in demand for petroleum products.

State Department: Work on preparing sanctions against Nord Stream 2 has already begun

Sanctions will be imposed if Russia uses the issue of gas supplies as a weapon against Ukraine.

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.

The dynamics of oil prices. US-China Trade Relations

Compared to July 31, oil prices fell down on 13%.

The pace of coal generation capacities shutdown in the US

During 2 years of Trump’s Presidency 23 400 MW of electricity production capacities from coal was closed.