Oil

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.

The September futures price for Brent oil on the London Intercontinental Exchange at 6:26 UTC amounted to 42.93 US dollars per barrel.

This is evidenced by the documents of the company, cited by Reuters agency.

According to Bloomberg, the formation of such a union has already received approval from the Chinese authorities, including regulatory bodies.

The corporation’s debt amounted to about 7 billion dollars.

“Of course, they do not want to lose Belarus economically, but most of all politically,” President said.

This was reported by the British newspaper Guardian with reference to a study by the analytical center Shift Project.

It was announced that Iraq and Kazakhstan confirmed their readiness to further reduce production.