the Price of Brent oil on the London Intercontinental exchange (ICE) rose above $30 per barrel. This is the maximum value since April 15.
the First contract for July delivery of crude oil at $30,02 per barrel was concluded at ICE 16.36 Moscow time, to 20.12 MSK, the price reached $30,65 per barrel.
the Price of WTI crude oil increased by 19.7%. The oil barrel at 9: 00 GMT which cost $21,7, rose in price throughout the day and 20.12 reached the price of $24,41 per barrel.
a Little more than $30 per barrel is the average price that will energy in 2020 the Efforts of the Ministry to ensure that oil cost is not $15 and not $20, he says TASS words of the Director of the Department of production and transportation of oil and gas, energy Ministry Alexander Gladkov. Russia’s budget to 2020 drawn up from the calculation of the price of Urals oil in $42,45 per barrel.
the spread of the coronavirus in 2020 led to the fall of energy demand. The situation worsened in March when OPEC+ are unable to agree on the terms of reducing production. New business OPEC+ was concluded on 12 April and became effective may 1. Russia, according to estimates of the consulting units of the Argus, took the greatest obligations to reduce production. The share of countries in total quota has increased from 18% to 26%, with all other participants in the agreement it fell.
