Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2014-11-30 13:45:00

RUSSIAN OIL 2015: 10 MB/D

RUSSIAN OIL 2015: 10 MB/D

OPEC's decision to abstain from cuts in oil production has forced Russia not to proceed with its own cuts, Russian First Deputy Prime Minister Igor Shuvalov said on Saturday, TASS news agency reported.

The Organization of the Petroleum Exporting Countries agreed on Thursday to roll over the ceiling of 30 million barrels per day, at least 1 million above OPEC's own estimates of demand for its oil next year.

Oil prices have dived after the decision, reaching a new four-year low. North Sea Brent fell by $2.43, or 3.3 percent on the day, to $70.15 on Friday.

Russia is one of the world's leading oil producers, with oil and natural gas sales representing half of its budget, which is balanced when oil is at $100. The fall in prices has hit hard Russia's economy, already teetering on the brink of recession.

"The experts say that one of the main reasons behind the falling oil prices is that some Arab oil producing countries... are squeezing out shale oil from the international market," Shuvalov told state-run TV Rossiya-1, according to TASS.

"If such actions are happening with the aim to fix or confirm one's position on the market, we should not do anything at the moment to scale down our positions."

Shale oil boom in the United States, which is producing oil at the peak since 1986, has drastically changed the global oil market landscape and dampened prices.

Just two days prior to the OPEC meeting in Vienna, Russia sent its delegation, led by Igor Sechin, a long standing ally of President Vladimir Putin and head of Russia's top oil producer Rosneft, to the Austrian capital for meetings with some OPEC members.

Shuvalov said, however, that Russia did not ask OPEC for production cuts.

Russian experts say its is hard for the country to cut its production suddenly as its harsh climate and challenging geology means it cannot simply stop wells from pumping oil.

Russia expects to keep its production stable next year at over 10 million barrels per day.

reuters.com

Tags: RUSSIA, OIL, OPEC, PRICES, GAS,

Chronicle:

RUSSIAN OIL 2015: 10 MB/D
2018, September, 19, 13:43:00

ЦЕНА URALS: $74,45568

МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 августа по 14 сентября 2018 года составила $74,45568 за баррель, или $543,5 за тонну. Согласно расчетам Минфина России экспортная пошлина на нефть в РФ с 1 октября 2018 года повысится на $7,5 и составит $137,5 за тонну.

RUSSIAN OIL 2015: 10 MB/D
2018, September, 19, 13:39:00

SAUDIS OIL PRODUCTION: 10.42 MBD

PLATTS - Saudi production has since risen to 10.42 million b/d in August, the country reported to OPEC in the organization's most recent monthly oil market report. Saudi Arabia's crude oil stocks, which have been declining steadily over the last three years, fell to 229.41 million barrels in July, down 11.4% since May 2017, the JODI data showed.

RUSSIAN OIL 2015: 10 MB/D
2018, September, 19, 13:35:00

U.S. PRODUCTION: OIL + 79 TBD, GAS + 961 MCFD

U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 79,000 b/d month-over-month in October from 7,515 to 7,594 thousand barrels/day , gas production to increase 961 million cubic feet/day from 72,127 to 73,088 million cubic feet/day .

RUSSIAN OIL 2015: 10 MB/D
2018, September, 19, 13:30:00

U.S. - CHINA SANCTIONS: $60 BLN

REUTERS - Beijing on Tuesday said it would tax U.S. products worth $60 billion effective Sept. 24 in retaliation for tariffs imposed by U.S. President Donald Trump in an escalating trade war.

All Publications »