Oil and Gas Sector

19.03.2024

Batken region accounts for 9% of motor oil turnover in Kyrgyzstan

The volume of retail trade in motor fuel in January of this year amounted to 7 billion 648 million 500 thousand som and increased by 13.9% compared to January last year. Such data is provided by the National Statistics Committee.

It should be noted that 28% of the total volume falls...

The volume of retail trade in motor fuel in January of this year amounted to 7 billion 648 million 500 thousand som and increased by 13.9% compared to January last year. Such data is provided by the National Statistics Committee.

It should be noted that 28% of the total volume falls...

19.03.2024

Brent drops below $82/b on dwindling demand

Oil prices extended last week's losses on Monday on concern about slow demand in China, though lingering geopolitical risk surrounding the Middle East and Russia limited the decline.

Brent futures fell 48 cents, or 0.6%, to $81.60 a barrel at 0129 GMT, while U.S. West Texas Intermediate (WTI) dropped 50 cents,...

Oil prices extended last week's losses on Monday on concern about slow demand in China, though lingering geopolitical risk surrounding the Middle East and Russia limited the decline.

Brent futures fell 48 cents, or 0.6%, to $81.60 a barrel at 0129 GMT, while U.S. West Texas Intermediate (WTI) dropped 50 cents,...

19.03.2024

Dawning spring, high winds subdue natural gas benchmarks

Dutch and British wholesale gas prices were weaker on Monday as lower demand due to milder weather and well-filled storage tanks offset lower Norwegian gas flows to continental Europe.

The benchmark Dutch TTF front-month contract was down 1.00 euro at 25.60 euro per megawatt hour (MWh) by 0945 GMT, its lowest level...

Dutch and British wholesale gas prices were weaker on Monday as lower demand due to milder weather and well-filled storage tanks offset lower Norwegian gas flows to continental Europe.

The benchmark Dutch TTF front-month contract was down 1.00 euro at 25.60 euro per megawatt hour (MWh) by 0945 GMT, its lowest level...

19.03.2024

Kyrgyzneftegaz shares sold for more than 500 thousand som

The day before, March 12, three transactions with Kyrgyzneftegaz shares were recorded in the Kyrgyz Stock Exchange system.

In total, 1 thousand 950 common shares of Kyrgyzneftegaz were sold during the auction. The cost of one copy is 270 som. Thus, the total amount of the transaction amounted to 526.5 thousand...

The day before, March 12, three transactions with Kyrgyzneftegaz shares were recorded in the Kyrgyz Stock Exchange system.

In total, 1 thousand 950 common shares of Kyrgyzneftegaz were sold during the auction. The cost of one copy is 270 som. Thus, the total amount of the transaction amounted to 526.5 thousand...

19.03.2024

Brent logs minor gain within narrow margin

Oil prices rose on Tuesday, but price moves were limited as the market waited for monthly reports from oil agencies.

Brent futures for May delivery rose 23 cents to $82.44 a barrel by 0221 GMT. The U.S. crude April contract rose 17 cents to end at $78.10 a barrel.

"Crude oil traded...

Oil prices rose on Tuesday, but price moves were limited as the market waited for monthly reports from oil agencies.

Brent futures for May delivery rose 23 cents to $82.44 a barrel by 0221 GMT. The U.S. crude April contract rose 17 cents to end at $78.10 a barrel.

"Crude oil traded...


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