WORLD OIL PRICES - TASS

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Urals oil price above $50/bbl, traded with discount vs. Brent — S&P Global Platts

World Bank expects oil price to increase to $44 per barrel in 2021, $50 in 2022

Oil price rebounds on OPEC+ decision, will reach $60 per barrel in 2021 — experts

Oil prices can remain $40/bbl for 3-5 years, says head of Accounts Chamber

Oil prices may remain below $50 per barrel until 2023 — IAE report

The IEA notes that the forecast for a decline in demand by 8.4 mln barrels per day for this year is relevant only if OPEC+ fully complies with the terms of the deal to reduce production

Oil prices may drop to $36-38/bbl due to second wave of coronavirus, experts say

Nevertheless, the spring scenario with oil prices falling below $25 per barrel is unlikely, analysts say

Brent prices below $40 per barrel first time from September 15

WTI futures lost 5.84% to $37.87 per barrel

Situation on oil market will improve by year end — experts

From August 31 to September 15, the price of a November futures for Brent crude fell from $46.53 per barrel to $39.3 per barrel

Brent oil prices climb above $46 per barrel on ICE

The last time Brent futures were traded at such a level was on August 5

Urals prices falling in Europe after discounts made by Saudi Arabia

The Urals price in the Mediterranean (CIF August) reached $45.9 a barrel on August 5 but dropped to $44,1 per barrel by the end of the week

Brent futures add 1.6% on London’s ICE, above $45/bbl

Brent prices were above $45 per barrel last time on March 6, the day before the price collapse

Russia’s Urals oil costs more than Brent but high demand for it weakens in July — Platts

In June, Russian oil in Europe became more expensive than Brent, when crude exports fell sharply due to restrictions operating under the OPEC+ agreement

Moody's revises Brent oil price outlook to $35/barrel in 2020

Low oil prices are likely to exert the highest pressure on Iraq, Oman and Kuwait due to the limited space for the fiscal policy pursuit and higher liquidity pressure, the rating agency noted

Brent futures fall below $41/bbl

Oil prices go down, although OPEC+ ministers agreed to support the historically large oil production cuts until the end of July