A price war can hit the oil market

05.07.2021
If OPEC+ negotiations on oil production fail completely, the market can face a price war. Analysts do not consider such a scenario as the most probable, but do not rule out this threat. “In the...
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Tesla will not be affected by the economic problem

05.07.2021
Electric vehicle company Tesla was able to double sales in the spring of 2021 from the same period a year earlier and bypass one of the main problems of the global economy. The global chip...
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Oil production fell in Russia

03.07.2021
Russian oil exports to non-CIS countries fell sharply by 12.1 percent (to 104.06 million tons) in the first half of the year compared to the same period in 2020. Average daily exports were at 4.21...
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Oil may rise in price to $100 soon

03.07.2021
Analysts expect oil prices to continue to rise in the coming months, moreover, Bank of America call the $100 per barrel mark by the summer of 2022. In the first half of 2021, oil has...
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Fall in tourism is bad for the world’s economy

03.07.2021
A sharp decline in international tourism due to the pandemic can cost the global economy $4.8 trillion in 2020-2021. One of the reasons is the lack of vaccines in developing countries. A report released on...
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