Oil prices are moderately falling, as of Monday morning, May 14, amid intensifying drilling activities of U.S. and resistance of Europe and Asia to U.S. sanctions on Iran.
As of 9:08 Moscow time, Brent crude futures price went down 0.53% to $76.71 per barrel. WTI Crude oil slipped to $70.45 per barrel or for 0.35%, according to Reuters.
According to Baker Hughes, the number of oil rigs in U.S. was increased by 10 to 844 units last week.
To recall, last Tuesday, on May 8, U.S. President Donald Trump abrogated nuclear deal with Iran threatening with new sanctions on Iran and the countries that will continue cooperating with Tehran.
In Turkey, the hotel manager tried to commit suicide due to the absence of Russians
Putin: We will respond in a mirror way, only several times more powerful — they will feel
The creator of BMW X5 SUVs Pierre Leclerc received Russian citizenship
Warsaw took pity and handed over several Patriot missiles to Kiev, but with a strict condition
SMO's hero. Captain Cherkashin saved his colleagues at the cost of his life
God's Dew: "We need to work with the OSCE to deliver information"