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2020-12-01 13:25:00

OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021

OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021

OPEC - 30 Nov 2020 - Opening remarks to the 180th Meeting of the OPEC ConferenceNo 26/2020

Via videoconference

Delivered by HE Abdelmadjid Attar, Algeria’s Minister of Energy and President of the OPEC Conference, at the 180th Meeting of the OPEC Conference, 30 November 2020, via videoconference.

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Earlier:

OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2020, November, 30, 12:05:00
OIL PRICE: NOT BELOW $47 ANEW
Brent dropped 46 cents, or 1%, to $47.72 a barrel . WTI fell 48 cents, or 1.1%, to $45.05 a barrel.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2020, November, 30, 12:00:00
OPEC+ RUSSIA CONSENSUS
Saudi Arabia and Russia had invited ministers on the nine-country monitoring committee that they co-chair to informal discussions to hash out positions ahead of the official meeting.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2020, November, 30, 11:55:00
OPEC+ RUSSIA EXTENSION
The fact that US shale is not recovering strongly is further cause for Russia to continue to support ongoing cooperation within OPEC+.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2020, November, 19, 14:30:00
RUSSIA, SAUDI ARABIA STRATEGIC PARTNERSHIP
The Kingdom remains Russia’s strategic partner. We are looking forward to a long-term partnership with Saudi Arabia on the Sputnik V vaccine.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2020, November, 17, 13:20:00
OPEC+ CUTS PRODUCTION
OPEC+ ministers are weighing whether to relax their current 7.7 million b/d in collective production cuts to 5.8 million b/d as originally scheduled, maintain them at the same level for a few months, or even deepen them.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2020, November, 11, 14:50:00
OIL PRICES 2020-21: $40 - $47
EIA forecasts Brent crude oil prices will average $47/b in 2021.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2020, November, 5, 12:45:00
OPEC OIL REVENUES WILL DOWN
OPEC earned an estimated $595 billion in net oil export revenues in 2019, a decrease of 17% compared with the estimated 2018 net export revenue and less than half the estimated record high of almost $1.2 trillion earned in 2012.
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Tags: OIL, DEMAND, OPEC
Chronicle:
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2021, January, 15, 11:35:00
U.S. OIL INVENTORIES DOWN 3.2 MB TO 482.2 MB
U.S. commercial crude oil inventories decreased by 3.2 million barrels to 482.2 million barrels.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2021, January, 15, 11:25:00
INDIA'S INDEXES DOWN
The blue-chip NSE Nifty 50 index fell 0.5% to 14,529 and the benchmark S&P BSE Sensex was down 0.4% at 49,600.11 by 0411 GMT.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2021, January, 15, 11:20:00
ENERGY LANDSCAPE IS CHANGING
Assuming human behavior holds steady, a big transition to electricity will send demand skyrocketing. Making matters worse, this will all be happening as we transition away from easily scaled fossil fuel sources to more finicky renewables.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2021, January, 15, 11:15:00
GRID DIGITALIZATION: BENEFITS AND CHALLENGES IN 2021
The modern grid, also known as the smart grid, is interconnected and automated, with many technologies involved, including artificial intelligence (AI), edge computing, and the Internet of Things (IoT).
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2021, January, 14, 14:25:00
OIL PRICE: BELOW $56
Brent fell 36 cents to $55.70 a barrel. WTI dropped 26 cents to $52.65.
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2021, January, 14, 14:20:00
CHINA OIL IMPORTS UP TO 10.86 MBD
China total oil imports over 2020 were up 7% year on year at 10.86 million b/d
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
2021, January, 14, 14:15:00
LNG PRICES UP
The combination of a severe cold snap in Asia, supply outages and maritime congestion has propelled spot prices for LNG to previously unforeseen heights. The North Asian price benchmark has now risen 18-fold in less than nine months, outperforming other commodities
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