The front-month NYMEX West Texas Intermediate futures contract on Thursday rose above $90/bbl for the first time since November in a petroleum market that is quite different from that seen in late.
MOSCOW, Sept 8 (Reuters) - The price for the Russian pipeline gas for China is expected to be steadily declining in next few years, and is seen much lower than Moscow is selling to Europe, a Russian government document, seen by Reuters on Friday, shows.
The country is a net exporter of petroleum products thanks to its refining capacity of 250 million tonnes per annum, or around 5 million bpd, which is higher than its domestic demand.