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  • Fall of the world oil prices: What is the cost of futures for Brent, WTI, OPEC, and other marker grades today?

    The cost of futures for Brent crude oil as of April 20, 2020 10:45 AM is $27.75 per barrel. This was reported in official data.

    The cost of futures for WTI crude oil amounted to $15.19 per barrel.

    As for the OPEC oil basket, a barrel of this oil is $17.73. A barrel of one of Dubai’s major marker varieties costs $29.77

     

    Futures Cost ($ per barrel)
    WTI 15,19
    Brent 27,75
    Mars US 19,67
    ОПЕК 17,73
    Canadian Crude Index 14,05
    DME Oman 24,68
    Urals 23,05
    Mexican Basket 14,75
    Indian Basket 19,53
    Western Canadian Select 2,890
    Dubai 29,77
    Brent Weighted Average 27,83
    Louisiana Light 21,82
    Coastal Grade A 7,750
    Domestic Swt. 14,75
    Giddings 8,5
    ANS West Coast 16,65
    Gulf Coast HSFO 19,63
    Natural Gas 1,757
    Heating Oil 0,975
    Gasoline 0,773
    Ethanol 0,993
    Alberta Natural Gas 1,830
    Dutch TTF Natural Gas 2,199
    LNG Japan/Korea 2,795

    www.tazabek.kg

    The government recommended that the terms of repayment of issued loans within the framework of state programs be reviewed

    The Government of the Kyrgyz Republic recommended that financial institutions review the conditions for repayment of issued loans as part of the implementation of state programs. The corresponding decision was signed by the Prime Minister of the Kyrgyz Republic Mukhammedkalyi Abylgaziev.

    As part of the decision, OJSC “State Mortgage Company, commercial banks and non-bank financial and credit organizations registered in the Kyrgyz Republic were recommended to review the conditions for the repayment of loans issued under government programs.

    In order to support borrowers who are having difficulty repaying loan debts, including budget loans, it is recommended that:

    • Revise the terms of payments on loans, providing a deferment of payments, for a period of at least three months;
    • Do not charge or levy commissions and other payments related to the revision of the terms of loan agreements;
    • Do not impose or levy penalties, including forfeit (fine/penalty), from borrowers or failure to fulfill / improper performance of obligations stipulated by loan agreements.

    In addition, the Ministry of Finance of the Kyrgyz Republic, in agreement with the Jogorku Kenesh of the Kyrgyz Republic, was instructed to review the following conditions for the repayment of budget loans:

    – to borrowers who have completely suspended their financial and economic activities in connection with the introduction of an emergency or state of emergency, based on the supporting documents submitted by the borrowers, to capitalize payments that fall during the period of the emergency with a corresponding extension of the terms of these payments at the end of the debt repayment period without interest;

    – to borrowers whose financial and economic activities are not suspended, while the introduction of an emergency or emergency regime indirectly affected their financial and economic activities in the direction of deterioration, on the basis of supporting documents provide a deferral of payments for up to six months. At the same time, to determine that deferred payments are repaid within 12 months from the date the deferral expires;

    – financial sanctions (forfeit) for the period of the emergency regime, and the state of emergency are not charged.

    www.gov.kg