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Putin has no plans of international contacts in OPEC , said Sands

Press Secretary of the President of Russia Dmitry Peskov said that President Vladimir Putin is not in the plans for international calls before the OPEC meeting .

As expected, the question of the parameters of the deal, OPEC in August will be decided this week. On 14 July a planned meeting of the technical Committee of experts of the OPEC (JTC), and on July 15 - Ministerial monitoring Committee (JMMC).

Again the Libyan NOC has declared force majeure on oil exports

The Libyan national oil company (NOC) again declares force majeure on oil supplies due to the blockade of exports, according to a release from the company.

"The Libyan national oil company (NOC) ... condemns the renewed blockade on the export of Libyan oil... NOC is forced to declare force majeure on all oil exports from Libya," - said in a release.

Mexico announced the execution of the contract of OPEC

Mexico has fulfilled its part of the deal, OPEC intends to increase oil production, said the country's President, Andres Manuel Lopez Obrador.

"We have fulfilled our obligations to reduce production at 100 thousand barrels per day. This stage is completed, we'll build up manufacturing," the President said during the morning press conference.

The expert assessed the forecast about the growth of the oil prices to 150 dollars per barrel

Leading expert of the national energy security Fund Igor Yushkov called analysts in the Wall Street Journal that the price of oil in 2025 could rise above $ 150 per barrel, "a pretty bold statement." This told RT.

In his opinion, similar prices may occur with a significant deficit.

Analysts have predicted the rise in oil prices to 150 dollars per barrel

After a volatile beginning of the year for oil prices may in the future climb above $ 100 per barrel and reach $ 150 by 2025, allow analysts quoted by the newspaper Wall Street Journal.

As writes the edition, some experts predict a fall in investments in oil and gas production, which can lead to price spikes above $ 100 per barrel. "This financial pressure will be significant. Some manufacturers will be really difficult to implement mining... Prices can quite easily reach $ 150 by 2025", - the newspaper quoted Director of the Northern investment Capital Trace Trevor wood (Trevor Woods).

The price of Brent crude rose to 43.31 USD per barrel

Oil prices Thursday morning showed multidirectional dynamics on the background of signs of recovery in U.S. demand, while being under the pressure of fears of the resumption of quarantine measures, according to the auction.

As at 7.43 MSK price of the September futures for North sea petroleum mix of mark Brent have grown on 0,05% - to 43.31 USD per barrel. August futures for WTI crude oil became cheaper by 0.1% to 40.86 USD per barrel.

Prices for Brent crude increased to 42.12 per barrel

Oil prices on Thursday morning to grow for the second consecutive trading session on the wave of optimism caused by the reduction of inventories in the United States, according to the auction.

As of 7: 40 am GMT, the September futures price for North sea petroleum mix of mark Brent has grown on 0,21% - to 42.12 per barrel. August futures on WTI rose in price on 0,13% - to 39,87 USD per barrel.

WTI has risen by 93% in the second quarter

WTI crude oil rose in the second quarter of the year to 93%, Brent - 59%, according to the auction.

At the end of trading Tuesday, the September futures price for North sea petroleum mix of mark Brent fell by 1.2% to 41.27 per barrel, the August futures for WTI - by 0.7% to 39.27 USD per barrel.

Oil exports from Russia to the United States fell in April more than 12 times

Oil exports (excluding petroleum products) from Russia to the United States in April fell by more than 12 times on a monthly basis, to 396 thousand barrels, Russia dropped to 16th place in the ranking of the largest suppliers of oil in the United States, according to the energy information administration of energy of the United States (EIA).

In March Russia occupied the 7th place, putting in the United States 4,888 million barrels of oil. In April in the first place were Canada, which is followed by Mexico, Saudi Arabia and other countries.

A tanker with Azeri oil for Belarus arrived in the port of Ukraine

Tanker with 85 thousand tons of Azerbaijani oil for Belarus arrived in the Ukrainian port "South", it is planned that 10-15 July, the oil will go to the Belarusian refinery in Mozyr, told RIA Novosti on Tuesday the press-Secretary of the state concern "Belneftekhim" Alexander Tishchenko.

Earlier Tishchenko has informed that Minsk within the framework of diversification of oil supplies to its refineries has purchased another tanker of oil from the state oil company of Azerbaijan (SOCAR).

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