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2020-04-17 14:50:00

OPEC+: NECESSARY MEASURES

OPEC+: NECESSARY MEASURES

SPA - Riyadh, April 16, 2020,  -- Prince Abdulaziz bin Salman Al Saud, Minister of Energy for the Kingdom of Saudi Arabia; and HE Alexander Novak, Minister of Energy for the Russian Federation held a constructive phone call as part of their regular consultations on the oil market situation and issued the following joint statement:

Our two countries have worked diligently with the other OPEC+ countries and other producers to achieve a historic agreement to stabilize the oil market.

Both our nations are strongly committed to implement the agreed target cuts over the next two years and will continue to closely monitor the oil market and are prepared to take further measures jointly with OPEC+ and other producers if these are deemed necessary.
We are also confident that our partners in OPEC+ and other producers will live up to their commitments.

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Earlier:

OPEC+: NECESSARY MEASURES
2020, April, 16, 14:20:00
OIL PRICE: ABOVE $28 ANEW
Brent was down 19 cents, or 0.7%, at $27.50 a barrel, WTI was up 7 cents, or 0.4%, at $19.94.
OPEC+: NECESSARY MEASURES
2020, April, 16, 14:15:00
СНИЖЕНИЕ ОБЪЕМОВ ДОБЫЧИ: 15 - 20 МБД
Таким образом, в первые месяцы соглашения страны-производители могут снизить суточную добычу на 15-20 млн барр/с.
OPEC+: NECESSARY MEASURES
2020, April, 16, 14:10:00
ЦЕНА URALS: $19,00075
Средняя цена на нефть Urals за период мониторинга с 15 марта по 14 апреля 2020 года составила $19,00075 за баррель
OPEC+: NECESSARY MEASURES
2020, April, 15, 14:05:00
OIL PRICE: ABOVE $28
Brent fell $1.19, or 4%, to $28.41 a barrel, WTI slid 45 cents, or 2.2%, to $19.66.
OPEC+: NECESSARY MEASURES
2020, April, 15, 14:00:00
OPEC+ STABILIZE OIL MARKET
The deal calls on OPEC, Russia and nine other allies to cut 9.7 million b/d of crude production in May and June, ramping down to 7.7 million b/d for the second half of 2020, and then 5.8 million b/d for all of 2021 through April 2022.
OPEC+: NECESSARY MEASURES
2020, April, 14, 15:05:00
OIL PRICE: ABOVE $31 AGAIN
Brent fell 8 cents, or 0.3%, to $31.66 a barrel, WTI was down 36 cents, or 1.6%, at $22.05
OPEC+: NECESSARY MEASURES
2020, April, 14, 15:00:00
СОКРАЩЕНИЕ ПРОИЗВОДСТВА НЕФТИ 15 - 20 МБД
"США, Канада, Норвегия и другие страны-производители нефти исходя из тех заявлений, которые сделали министры энергетики других стран, их общее сокращение с мая по июнь может составить от 15 до 20 млн баррелей в сутки", - сообщил глава Минэнерго России.
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Tags: OPEC, RUSSIA, SAUDI, ARABIA, OIL,