Дорогие друзья! Больше трех лет я рассказываю вам об основных новостях, событиях, трендах на мировом рынке нефти и газа. Я делаю это бесплатно и без рекламы. Поэтому я прошу вас о помощи. Wognews нуждается в развитии. Вас больше 20 000 человек из более чем 80 стран мира. Если каждый пожертвует небольшую сумму денег, 500 или 1000 рублей, или больше, wognews станет лучше. Спасибо, Владимир Виноградов, основатель wognews.

Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2016-06-23 18:10:00

OPEC REVENUES DOWN 46%

OPEC REVENUES DOWN 46%

 

OPEC OIL PRODUCTION 2000 - 2016

 

According to REUTERS, OPEC's 2015 oil export revenues slumped 46 percent to a 10-year low, the group said in a report published on Wednesday, underlining the impact on producers' income from a collapse in prices.

Oil prices at about $50 a barrel are half their level in mid-2014, pressured by oversupply. OPEC's decision in November 2014 to not cut supply, hoping a drop in prices would curb supply from competitors, deepened the decline.

With income falling, the 13 members of the Organization of the Petroleum Exporting Countries (OPEC) posted a combined current account deficit of $99.60 billion in 2015, compared with a surplus of $238.10 billion in 2014.

They earned $518.2 billion from petroleum exports last year, OPEC said in its Annual Statistical Bulletin, the lowest level since 2005.

"The last time OPEC recorded a current account deficit was in 1998," the report said. Prices sank to $10 that year because of a global surplus.

OPEC's crude oil exports rose only "slightly" last year to 23.60 million barrels per day (bpd), up 1.7 percent from 23.20 million bpd the previous year, the report said.

The OPEC publication doesn't forecast 2016 income. But a report earlier this month from the U.S. Energy Information Administration said 2016 oil export revenues will probably fall 15 percent before rising in 2017.

OPEC's proven crude oil reserves rose by 0.1 percent last year and it maintained its share of 81.2 percent of the world total, the OPEC report said.

-----

Earlier: 

THREE MAIN PLAYERS 

OIL MARKET BALANCE 2017 

OIL MARKET BALANCE 

OPEC WANT TO REGAIN 

OPEC HAS NO MEANING - 2

 

 

Tags: OPEC, OIL, PRICES

Chronicle:

OPEC REVENUES DOWN 46%
September, 22, 08:50:00

RUSSIA - KURDISTAN INVESTMENT

Instead, with the planned referendum just days away, Russian state oil giant Rosneft announced its latest investment last week, to help Iraqi Kurdistan develop its natural gas industry, for domestic supplies and eventual export.

OPEC REVENUES DOWN 46%
September, 22, 08:45:00

IRAN'S GAS EXPORT: ABOVE 5 BCM

Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced.

OPEC REVENUES DOWN 46%
September, 22, 08:40:00

IRAQI OIL TO U.S.

Gazprom Neft has shipped its second and largest cargo of Iraqi crude to the US since the Badra field, its flagship overseas oil project, came on stream in 2014, the Russian oil company said Tuesday.

OPEC REVENUES DOWN 46%
September, 22, 08:35:00

QATAR - TURKEY LNG

Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years

All Publications »
Exchange Rates
Date: 00:00 00:00
USD 0.00 0.00
EUR 0.00 0.00
GBP 0.00 0.00
UAH 0.00 0.00
ADR bid ask
GAZPROM 0.000.00
LUKOIL 0.00 0.00
ROSNEFT 0.00 0.00
SURGUTNEFTEGAZ 0.000.00
TATNEFT0.00 0.00