Oil

Measures include the introduction of duties on imported oil, the suspension of military assistance to Saudi Arabia, and the introduction of tariffs on Russian energy resources

The oil market is trying to get rid of extremely negative tendencies in the hope of a dialogue between the largest producers of fuel.

This was done in order to reach a fair agreement and restore balance in the oil markets.

“We can get a reduction of demand to 20 million barrels per day in the next few weeks,” Alexander Novak said.

“Both know what they have to do,” US President said.

Cost decreased to $ 10.54 per barrel

Earlier, Reuters reported that Beijing has increased the purchase of energy from Moscow and Washington

Russian oil will be supplied without a premium, the Prime Minister of the Republic said

The cost of transportation, payment of export duties and other expenses exceeded the average cost of oil

Argus fip Western Siberia quotation on March 31 was minus 1,200 roubles.

The total debt of Whiting Petroleum reached 2.2 billion dollars.

According to Russian President, they are also worried about a crisis in this sphere.

This was reported on April 1 by Bloomberg agency, citing sources.

According to a source in trading circles, Saudi Arabia has already raised oil production over 12 million barrels per day

According to experts, there was no point in reducing production in the conditions of catastrophically tapering demand