Oil quotes add about 2% during trading on Friday, recovering after falling the day before.
Meanwhile, prices for both brands could show their biggest weekly decline in four weeks amid fears of a recession in the global economy and the consequences of another lockdown in China, writes Trading Economics.
The price of November futures for Brent on the London ICE Futures exchange by 8:10 a.m. on Friday is $94.22 per barrel, which is $1.86 (2.01%) higher than the closing price of the previous session. As a result of trading on Thursday, these contracts fell by $3.28 (3.4%) to $92.36 per barrel.
The price of futures for WTI oil for October in the electronic trading of the New York Mercantile Exchange (NYMEX) is $88.38 per barrel by this time, which is $1.77 (2.04%) higher than the final value of the previous session. By the close of the market the day before, the cost of these contracts decreased by $2.94 (3.3%) to $86.61 per barrel.
As reported, the finance ministers of the G7 countries at a meeting on Friday plan to approve and outline their plan to set a price limit for Russian oil.
Under martial law, PIN-UP Ukraine, one of the representatives of the legal gambling business in Ukraine, transferred UAH 23.4 million of license fees to the state budget.
The gambling business supports the Ukrainian economy and makes annual payments for licenses, despite the possibility of a delay due to Russia’s full-scale war against Ukraine.
“Today, the Ukrainian economy is suffering losses due to the full-scale invasion of the Russian Federation. PIN-UP Ukraine, as one of the leaders in the market of licensed casinos in Ukraine, did not stop its activities in the online segment of the gambling market and regularly pays annual fees for licenses. The PIN-UP Ukraine team will continue to support the economy of Ukraine,” commented Igor Zotko, COO PIN-UP Ukraine.
In 2021, PIN-UP Ukraine paid a license fee in the amount of UAH 23.4 million to the state budget.
Recall, according to the Commission on Gambling and Lotteries, this year, for the first six months, UAH 746.94 million has already been received from paying for licenses to carry out activities in the field of organizing and conducting gambling and issuing and conducting lotteries.
The IAEA Director General announced the end of his “long-awaited” visit to the Zaporizhia Nuclear Power Plant (NPP) and the establishment of a permanent presence of the agency at the plant.
“I have just completed the first tour of the key locations we wanted to see in this first approach to the entire facility. Of course, there is still a lot to be done. My team remains, and most importantly, we establish our permanent presence from the IAEA here,” he said in a video from ZNPP posted on his Twitter.
Earlier, Energoatom, which includes Zaporizhia NPP, reported that as of 18:00 on Thursday, Grossi had left the station. Most of the members of the delegation left the station with him.
According to Energoatom, five representatives of the IAEA mission remained at the ZNPP, who are unloading the equipment they brought and will continue to work at the plant.
The IAEA mission arrived at the ZNPP captured by Russian troops on September 1, approximately after 14:00. According to the statements of the occupying authorities, the IAEA experts who left the station “should leave the territory controlled by the Russian Federation before 20:00.”
The mission of the International Nuclear Energy Agency (IAEA) has arrived at the Zaporizhia NPP, the state-owned enterprise National Nuclear Generating Company Energoatom reported.
“Yes, the mission managed to visit the NPP,” the company said in a comment to the Interfax–Ukraine agency.
As reported, the IAEA mission left Zaporizhia on Thursday morning, which is separated from Enerhodar by 120 km, and stayed at the checkpoint in Novo-Oleksandrivka for several hours. The mission is accompanied by head of the Ministry of Energy Herman Haluschenko, and head of Energoatom Petro Kotin.
The State Service of Ukraine on Food Safety and Consumer Protection has not recorded a single outbreak of highly pathogenic avian influenza in Ukraine since the beginning of 2022.
As reported on its website on Thursday, the service examined the presence of influenza pathogens in the poultry population of 487 poultry farms of various forms of ownership in 4,680 settlements.
In total, in the first half of the year, the State Food Service examined 56,700 samples of biomaterials from birds, including 21,300 birds in industrial farms and 34,400 birds in private peasant farms. In addition, 304 birds of 11 synanthropic (living close to humans) species, 668 wild migratory birds of 31 species, and 50 birds of 22 species living in zoos were examined.
It is clarified that the statistics include data from Donetsk, Luhansk, Kharkiv and Kherson regions only for January-February 2022, since its further collection is impossible due to the full-scale war unleashed by Russia against Ukraine.
The European Medicines Agency (EMA) has recommended the use of Pfizer/BioNTech and Moderna vaccines adapted to protect against the Omicron coronavirus strain, the regulator said on Thursday.
The EMA Medicines Committee has recommended that two vaccines adapted for broader protection against COVID-19 be allowed to be used.
It notes that we are talking about vaccines aimed specifically at protecting against “omicron”.
According to the report, studies have shown that adapted versions of the vaccine “induce a strong immune response against Omicron and the original strain of SARS-CoV-2 in people who were previously vaccinated.”
Now the recommendation of the EMA committee will be sent to the European Commission, which “will make a final legally binding decision applicable in all EU member states”