Economic mirror of the day, comments

Economic mirror of the day


In electronic trading on the London and New York stock exchanges, world oil prices are down, evidenced by trading data.
June futures for light crude oil brand WTI on the New York Mercantile Exchange (NYMEX) fell by 0.22%, to $ 49.22 per barrel.
On the London Stock Exchange ICE Futures futures for Brent crude for delivery in July fell by 0.31%, to $ 51.89 per barrel.
Libya has increased its oil production to more than 700,000 barrels per day on the back of a recovery in production at the largest field. At the Sharara field, where production was suspended, 216,400 barrels of oil are produced per day, a spokesman for the National Oil Corporation of Libya (NOC ).
The index of business activity (PMI) in the industrial sector of the economy of China in April slowed to 51.2 points, according to the state statistical office of the PRC.
In April, the index was 0.6 points lower than in March, when PMI in the industrial sector of China's economy amounted to 51.8 points and reached a maximum in five years - from April 2012.
At the same time, analysts interviewed by Reuters predicted the value of the indicator at the level of 51.6 points.
The value of the indicator above 50 points indicates an increase in activity, lower - about its decline.
The duty on oil exports from the Russian Federation decreased from May 1 to $ 84 from $ 88.9 per ton in April, according to the documents of the Ministry of Economic Development of the Russian Federation.
The RF Ministry of Finance earlier reported that the average price for Urals oil for the monitoring period from March 15 to April 14, 2017 was $ 52.04 per barrel, or $ 365.3 per ton.
The preferential duty rate for oil for the fields of Eastern Siberia, the Caspian fields and the Prirazlomnoye field, due to a change in the calculation of the duty rate in connection with the tax maneuver, was nullified from February 1, 2015. These rates, according to the adopted formula, will remain at zero level, if the average price of oil will be below $ 76. Also, the duty for liquefied petroleum gas (LPG) is zeroed.
The export duty on high-viscosity oil from May 1 decreased to $ 12.9 from $ 13.8 per ton in April.
The duty for straight-run gasoline (naphtha) decreased to $ 46.2 from $ 48.8 per tonne, to automobile (commodity) gasoline - to $ 25.2 from $ 26.6. The duty for other light oil products, as well as lubricating oils, fell to $ 25.2 from $ 26.6 per tonne, to dark oil products without oils and coke to $ 84 from $ 88.9 per ton.
The duty on coke decreased to 5.4 dollars from 5.7 dollars per ton.
The candidate for the presidency of France from the party "National Front" Marin Le Pen intends to return the country's national currency in order to manage it and adapt it to the economy. She stated this in an interview with the newspaper Le Parisien.
The euro is "dead," Le Pen is sure, and the dead currency is a burden for the country and every Frenchman.
The presidential candidate intends to "demand currency management in the future." The euro should be turned into a currency that will not be linked to daily purchases, Le Pen said. "Only large companies that are engaged in international trade will use it," she said.
Riyadh investors are optimistic about the global oil market: demand for this resource will grow, but production, including thanks to recent OPEC agreements, may reduce. As a result, despite a budget deficit of 20% of GDP and a significant public debt of Saudi Arabia, trading in shares of companies of this country showed a significant interest of investors on April 30. As a result, Tadawul's stock index on the basis of trading on Sunday grew by 1% to 7013.5 points. The total trading volume amounted to 3.7 billion Saudi Arabia, which is 10% higher than the average value of this indicator for the last 90 trading sessions. The auctions were conducted on 231.5 million shares.