Объём добровольного сокращения добычи нефти участниками сделки в I квартале 2024 года составляет 1,7 млн баррелей в сутки, Россия также добровольно сокращает экспорт нефти на 500 тыс. баррелей в сутки в первые три месяца текущего года.

The Committee will continue to closely assess market conditions. Building on the strong cohesion between OPEC and participating non-OPEC oil-producing countries,

"India currently ranks as the world's third-largest energy consumer, oil consumer, and liquefied petroleum gas consumer. Additionally, it stands as the fourth largest importer of liquefied natural gas, refiner, and automobile market globally. Presently, India is witnessing record-breaking sales in both two-wheelers and four-wheelers, alongside a growing demand for electric vehicles," Modi added.

In 2023, the International Energy Agency (IEA) asserted that it saw a global oil demand peak before the end of this decade and called for a halt to new oil investments. This was despite the IEA only a few years earlier highlighting that the world would still need oil for years to come and stressing the importance of investing in the sector.

Asian LNG re-exports have continued to outmatch reexports from Europe so far in 2024, maintaining Asia's stronger reexport trend that emerged in 2023,

Market players said the truck LNG price in China has continued to decline, with an average price of around Yuan 4,100/mt as of Feb. 7, marking a decrease of approximately 15% compared with the average price in 2023. Additionally, specific regional prices have dipped below Yuan 3,600/mt due to factory closures and reduced production during the festive season, sources said.

The European Commission set up a European SMR pre-Partnership in June last year with the overall objective of identifying enabling conditions and constraints,

Russia is interested in “how scrupulously” German authorities will approach the investigation given Germany “has lost a lot due to this terrorist attack,” Kremlin spokesman Dmitry Peskov told reporters on Wednesday, when asked about Sweden’s decision, according to Interfax.

Industrial production fell in December by 1.6% compared with the previous month. Analysts polled by Reuters had predicted a 0.4% fall.

Brent rose 16 cents, or 0.2%, to $78.75 a barrel, WTI climbed 20 cents, or 0.3%, to $73.51.