Russian shares fall after oil: alarming news has again fallen off the market

The price of oil on world markets began to fall,
pulling down stock quotes of the largest Russian energy
companies.

A new surge in the number of cases of coronavirus began
to exert strong pressure on the market. About this report the global information
Agency.

Profile of the Russian Telegram-channel “Gas-Priest”
notes that against this background, oil prices are falling, and behind them the action
Russian oil and gas companies.




In recent days the price of Brent crude oil fell
on 0,14% – to $42,33 per barrel. In turn, the shares of “Rosneft”
have fallen in price on 1,36% – to RUB 371,05, “LUKOIL” – on 0,62%, to RUB 5426, “Gazprom” – on 1,23%, to RUB 193,41, NOVATEK – on 1,54%, to RUB 1062,4, “Surgutneftegaz” – on 0,81%, to 38,78 of the ruble.

At the same time, the Ministry of energy of Russia has acted
a statement that it expects the average price of Urals oil in 2020 in $35
barrel.

Meanwhile, the fuel reserves of the United States is increasing, despite the decline in oil production.

Before the Russian energy Minister announced the bad news on that in the near future it is not necessary to wait for higher oil prices.

Author
Mark Voroshilov