Top diplomat: Main task in Syrian settlement is to resume talks, involve armed oppositionRussian Politics & Diplomacy January 20, 15:11
Russian expert predicts Trump will adopt more pragmatic approach on Syria policyRussian Politics & Diplomacy January 20, 15:01
Federation Council may consider ratification of Turkish Stream agreement on February 1Business & Economy January 20, 14:54
Kremlin spokesman: 'Trump is not our guy, he is America's'Russian Politics & Diplomacy January 20, 14:52
Deputy minister: Turkish Stream launch will not solve issue of gas transit via UkraineBusiness & Economy January 20, 14:30
Crimean museum director says Scythian gold case appeal could take one year to be reviewedSociety & Culture January 20, 14:11
Six survivors found in hotel hit by avalanche in Italy — mediaWorld January 20, 14:00
Moscow urges UN to review its position on resolution condemning glorification of NazismRussian Politics & Diplomacy January 20, 13:59
Russian expert calls Trump’s statement on nuclear disarmament impromptuRussian Politics & Diplomacy January 20, 13:42
MOSCOW, September 29. /TASS/. Russian shares have risen as trading opened on Thursday following successful talks of OPEC on oil production freeze late on Wednesday.
The MICEX index rose by 1.1% to 2001,5 points as the trading opened on the Moscow stock exchange. The RTS index rose by 2.6% to 1001,04.
At 10.05 Moscow time, the price of Brent crude fell by 0.3% to $49.09 per barrel. However earlier the price of this blend rose by about 6%.
"The main news of yesterday was the announcement that at the meeting in Algeria the representatives of OPEC member countries agreed to curb volume of oil production. Against this background the price of a barrel of Brent jumped by 5.9%. At the informal meeting in Algiers on September 28 during the International Energy Forum OPEC member states managed to agree on limitation of oil production at the level of 32.5-33 mln barrels per day, despite the skepticism of the participants on the eve of that event," Vasily Karpunin, expert at BCS Express, said.
"In OPEC they plan to agree on the size of quotas for each member of the cartel. A specially established committee will deal with it. The final decision can be made on November 30 at an official meeting of OPEC. The period of freeze will also be determined later," Karpunin said.
According to him, thanks to the positive news, the MICEX index may grip on at the mark of above 2,000 points, the dollar may fall to the range of 61-62 rubles," he said.