All publications by tag «OPEC»
2020, July, 10, 11:35:00U.S. SHALE: NO TARGET
The intervention of the United States, the G-20 and other leading producing countries was vital in securing April’s historic production deal to rebalance and stabilize oil markets reeling from the pandemic.
2020, July, 8, 11:50:00OPEC OIL PRODUCTION DOWN
OPEC's 13 members pumped 22.31 million b/d, the organization's lowest collective output since September 1990,
2020, July, 2, 11:55:00IRAQ OIL EXPORTS DOWN
Iraq oil exports fell to an average of 2.816 million b/d, in line with projections made in June by Oil Minister Ihsan Ismaael
2020, June, 24, 12:45:00GECF, OPEC MEETING
Sentyurin met with his OPEC counterpart Mohammed Barkindo by teleconference June 22 for the inaugural technical meeting of the OPEC-GECF Energy Dialogue.
2020, June, 18, 11:20:00WORLD OIL DEMAND WILL FALL BY 9 MBD
World oil demand is projected to decrease by 9.1 mb/d in 2020, unchanged from the previous month’s assessment. The COVID-19 pandemic has negatively affected global economic activities, eliminating global oil demand growth potential and leading to a y-o-y decline of 6.4 mb/d in 1Q20 and by 17.3 mb/d y-o-y in 2Q20.
2020, June, 11, 10:05:00NIGERIA AGREES TO OPEC+
"Our oversupply was a little less than 100,000 b/d against the agreed numbers, and so that is not really that significant," Kyari said.
2020, June, 9, 17:25:00IRAQ IS COMMITTED OPEC+
Iraq will stick to its quota in June and July and will make further reductions later on
2020, June, 8, 13:40:00OPEC+ EXTENDING ADJUSTMENTS
OPEC+ agreed the option of extending the first phase of the production adjustments pertaining in May and June by one further month.
2020, June, 5, 12:40:00OPEC+ MEETING: JUNE 6
A delegate-level OPEC+ technical committee, co-chaired by Saudi Arabia and Russia, is scheduled to meet June 5 to discuss market conditions and review compliance.
2020, June, 2, 15:10:00RESTORING OIL DEMAND
"The presidents addressed world oil market developments in the context of implementing the OPEC+ agreement," the Kremlin said. "It was stated that this multilateral agreement, reached with the active support of the presidents of Russia and the United States, would lead to a gradual restoration of oil demand and price stabilisation."