Oil

The country, which has the significant oil reserves, was stranded by falling prices for this resource.

This follows from the operation summary of the Central Dispatch Office of the Fuel and Energy Complex.

According to The Wall Street Journal, the ships are being redirected to Houston.

In 2020, the organization expects a drop by 9.06 million barrels per day, to 90.63 million barrels per day.

It value in the first half of 2020 reached 9.1 million tons.

This occurred after the American President signed documents extending economic support measures bypassing the US Congress.

Quotations are growing due to a gradual recovery in demand for raw materials in the world after the lifting of quarantine measures in many countries.

This occurred amid hopes for new stimulus measures in the USA after the release of data on record decline in American gross domestic product.

This was reported by Dmitry Peskov, a press secretary of the head of state.

The Greek Armed Forces have been on heightened alert in connection with Turkey’s intention to to explore for gas and oil off the island of Kastellorizo ​from July 21 to August 2.

Experts note that positive news about coronavirus vaccine trials and an agreement on new stimulating measures in the European Union have boosted investor sentiment.

On July 17, Washington and New Delhi signed a memorandum which provides for the lease by India of underground oil storage tanks in the states of Texas and Louisiana.

Boyden Gray stressed that financial institutions are actually boycotting the oil and gas sector.

The volume of the first batch amounted to 144 thousand tons.