All publications by tag «OPEC»
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2017, April, 19, 17:50:00
OPEC OIL DECISION
OPEC and several other producers including Russia agreed in December to pump less oil in an orchestrated effort to end an oversupply weighing on prices. Compliance with the cuts was more robust in March compared to the previous month, Barkindo said. Brent crude has gained about 19 percent since OPEC decided to pare output, and the benchmark grade was 24 cents higher at $55.13 a barrel at 11:59 a.m. in London.
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2017, April, 19, 17:45:00
IRAN SUPPORTS CUTTING
Iranian Minister of Petroleum Bijan Zangeneh says he believes most members of the Organization of the Petroleum Exporting Countries (OPEC) would endorse extension of the organization's output cut initiative in the upcoming OPEC meeting, adding Iran would also support the cut extension if other members unanimously back it.
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2017, April, 5, 18:45:00
OPEC: HISTORIC DECISIONS
The Secretary General reiterated the commendable key role of Iraq, in particular HE Jabbar Al-Luiebi, that was instrumental within OPEC to achieve market stability for both producers and consumers and said Iraq has resumed its leading role in the Organization.
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2017, March, 29, 19:05:00
РОССИЯ ВЫПОЛНЯЕТ СВОИ ОБЯЗАТЕЛЬСТВА
«Россия сократила производство на 185 тыс. баррелей в день по сравнению с целевым показателем в 300 тыс.», - заявил Александр Новак. Глава Минэнерго подтвердил, что Россия изначально придерживалась плана по постепенному снижению добычи, и в настоящее время сокращает производство опережающими темпами.
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2017, March, 27, 19:05:00
СОТРУДНИЧЕСТВО ОПЕК И РОССИИ
Первое, что я хочу сказать: у нас такая возможность предусмотрена самим соглашением. Есть отдельный пункт, в котором говорится, что оно может быть продлено на срок до 6 месяцев. Второе: сегодня ещё конец марта. Мы ещё не перешагнули экватор. Обмен мнениями, который состоялся среди министров, и предложение, которое прозвучало, — означают возможность всем странам изучить этот вопрос до следующей министерской встречи; дать поручения секретариату ОПЕК с тем, чтобы секретариат провёл дополнительный анализ ситуации на рынке, которая будет складываться с января по апрель; дать прогнозы исполнения в мае, в июне и на второе полугодие.
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2017, March, 27, 19:00:00
OPEC AND NON-OPEC COOPERATION
"This reaffirms the commitment of OPEC and participating non-OPEC countries to continue to cooperate," the statement said.
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2017, March, 27, 18:55:00
HIGH LEVEL OF CONFORMITY
The Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC) convened in Kuwait City for its second meeting on 26 March 2017. It announced that, based on the Report of the Joint OPEC/Non-OPEC Technical Committee (JTC) for the month of February 2017, OPEC and participating non-OPEC countries have continued their progress towards full conformity with their voluntary adjustments in production.
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2017, March, 27, 18:40:00
SINOPEC NET PROFIT UP TO 74%
The state-owned company, known as Sinopec Corp, saw fourth quarter net profit jump to 17.25 billion yuan from 9.9 billion yuan in the third quarter, it said in a statement to the Shanghai Stock Exchange.
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2017, March, 14, 18:45:00
OIL PRICE WAR
"It became evident that U.S. shale oil output has become and will remain a new global oil price regulator for the foreseeable future," Rosneft said.
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2017, March, 14, 18:40:00
OPEC CUTS 140%
Compliance of the Organisation of the Petroleum Exporting Countries (OPEC) with an oil output cut exceeded a target, standing at 140% in February.