Contact Group agrees to settle water cuts issue in Lugansk within 7 days ― OSCE envoyWorld December 08, 2:58
Glencore expects deal on purchasing stake in Rosneft to close in mid-DecemberBusiness & Economy December 08, 2:03
Italian Prime Minister Renzi officially resignsWorld December 08, 1:27
43 ceasefire violations reported in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 1:16
One reconciliation agreement signed in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 0:26
Lavrov confirms to Kerry Russia backs US proposal on Aleppo from December 2Russian Politics & Diplomacy December 07, 23:57
Russia has never imposed its decisions on Syria, Assad saysWorld December 07, 23:45
Rosneft privatization deal is completed — KremlinBusiness & Economy December 07, 21:06
Contact Group focuses on demining, creation of new security zones in Donbass — OSCE envoyWorld December 07, 20:57
LONDON, January 15. /TASS/. The price of Brent futures for February delivery grew by 0.7% on the Intercontinental Exchange (ICE) in London on Thursday to $49.07 per barrel.
Brent February futures are trading the last day before their expiry while futures for March delivery will start actively trading from Friday. The price of Brent futures for March delivery edged up by 0.38% to $50.05 per barrel.
Oil prices showed an upward correction on Wednesday when Brent went up by almost 5% to $48.89 per barrel, after which it started to fall again.
Oil prices were also supported by the OPEC January outlook, which raised the world oil cartel’s estimate of global demand for oil in 2015 to 92.3 million barrels per day from 92.26 million barrels per day.
At the same time, OPEC experts lowered the oil cartel’s outlook for OPEC oil demand by 100,000 bpd to 28.8 million bpd.
The ruble showed a rebound on the Moscow Exchange amid rising world oil prices.