World oil prices rise on May 25 after OPEC and non-OPEC countries are close to agreeing to extend the deal.
Brent crude oil futures for July rose 0.82 percent to $ 54.40 a barrel. At the same time, the price of July futures on West Texas Intermediate (WTI) rose 0.76 percent to $ 51.75 per barrel.
A joint OPEC /non-OPEC ministerial committee met in Vienna, Austria for its third meeting on May 24 and said steady and convincing progress has been made towards full compliance with production adjustments. OPEC and non-member producers are ready to extend the deal to cut production by nine months.
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Metallurgy news
- 14 May 2025
10:25 Ukraine and the United States signed additional documents on the implementation of an agreement on the supply of minerals - 09 May 2025
13:09 Overview of global production of steel and capacity Meps - 23 April 2025
13:09 The roof for the new stadium of the football club Manchester United will be erected from steel - 14 April 2025
14:24 Turkish exporters must take into account the EU trade adjustments - 07 April 2025
12:11 World markets in free fall, since Trump deepens into a tariff medicine - 29 March 2025
15:33 WorldSteel: World production steel decreased - 26 March 2025
16:47 Electrolux sets the goal of using processed steel - 23 March 2025
13:47 British steel-steelers were faced with the abolition of orders due to American duties on steel
Publications
15.05 Internet-store tiles that keramographer 13.05 Clay: the warehouse that power 11.05 Silver jewelry from the manufacturer 10.05 Silver jewelry in Askida store 10.05 There are many symbols in the agreement between the USA and Ukraine, but few minerals