On Friday, February 23, Ukrainian Foreign Minister Dmytro Kuleba met with Spanish Foreign Minister Jose Manuel Albares.
“During our meeting, I thanked Jose Manuel Albares for Spain’s support and solidarity with Ukraine. Spain will prepare a new package of military assistance to Ukraine, which will include ammunition. We also discussed President Zelenskyy’s Peace Formula and the Global Peace Summit in Switzerland,” Kuleba wrote on social network X.
“We agreed that Ukraine’s accession to the EU is on the right track,” the Foreign Minister added.
Benchmark oil prices are falling on Monday morning after falling on Friday and last week.
The price of April futures for Brent on the London ICE Futures exchange at 78:11 Q4 is $81.33 per barrel, which is $0.29 (0.36%) lower than at the close of the previous session. Last Friday, these contracts fell by $2.05 to $81.62 per barrel.
Quotes for WTI futures for April in electronic trading on the New York Mercantile Exchange (NYMEX) by this time decreased by $0.33 (0.43%) to $76.16 per barrel. At the end of the previous session, they fell by $2.12 to $76.49 per barrel.
Over the past week, both brands fell by more than 2%.
Traders are keeping an eye on the situation in the Middle East and are waiting for the OPEC+ meeting to discuss the extension of oil production restrictions for another quarter.
“We still expect OPEC+ to extend production cuts into the second quarter of 2024 and begin to gradually lift them only in the third quarter,” Goldman Sachs analysts wrote.
The bank believes that oil prices will fluctuate between $70 and $90 per barrel.
Meanwhile, data from the oilfield services company Baker Hughes showed that over the past week, the number of operating oil rigs in the United States increased by six to 503 units. Meanwhile, the number of gas rigs decreased by one to 120.
Bulgarian Prime Minister Nikolay Denkov and a government delegation have arrived in Ukraine on a visit, Bulgarian National Television (BNT) reports.
The delegation also includes the ministers of justice, environment and energy – Atanas Slavov, Yulian Popov and Rumen Radev, deputy ministers of defense and foreign affairs – Stanimir Georgiev and Tikhomir Stoychev, as well as the head of the Defense Ministry, Admiral Emil Eftimov.
Details of the visit were not disclosed.
Geographic structure of Ukraine’s foreign trade in 2023
Source: Open4Business.com.ua and experts.news
The issue of resetting the government in Ukraine depends on the financial deficit, Ukrainian President Volodymyr Zelenskyy said at a press conference in Kyiv on Sunday.
“We have a conversation with the Prime Minister. And it is based solely on the deficit of money. If the corresponding deficit continues, we will do everything to ensure that the infrastructure, and this is not just the Cabinet of Ministers, that the infrastructure of our state’s management is reduced,” he said.
“Reducing the number of ministries, reducing the number of ministers, coordinated management. That is why we have an absolutely open dialog here, and we are ready for it. I think the indicator will be an understanding of what we will have in the spring. A little later, in a month or two, we will understand everything,” Zelensky said.
