RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2020-06-02 15:10:00

RESTORING OIL DEMAND

ВОССТАНОВЛЕНИЕ СПРОСА НА НЕФТЬ

PLATTS - 01 Jun 2020 - US President Donald Trump and Russian President Vladimir Putin spoke June 1 about the importance of implementing the OPEC+ oil supply cuts and stabilizing global oil prices, the Kremlin said in a statement.

The statement did not appear to move oil prices. At 1713 GMT, ICE August Brent was up 21 cents at $38.05/b while NYMEX July WTI was 39 cents lower at $35.10/b.

"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."

The White House plans to release a readout of the call shortly, a spokesman said.

OPEC and its allies could meet as soon as this week to decide on the future of their 9.7 million b/d production cut agreement – the biggest coordinated supply accord in the oil market's history. The cuts are scheduled to roll back to 7.7 million b/d on July 1 for the rest of the year, but some members are pushing to extend current quotas for at least a few more months.

The OPEC+ alliance is scheduled to meet June 9-10 via webinar to discuss the deal, but ministers are in discussion to push the meeting forward to June 4. As of June 1, no meeting date has been confirmed.

-----

Tags: РОССИЯ, США, НЕФТЬ, ЦЕНА, RUSSIA, USA, OIL, PRICE, OPEC
Chronicle:
ВОССТАНОВЛЕНИЕ СПРОСА НА НЕФТЬ
2021, September, 17, 11:47:00
ENERGY TRANSITION TO CARBON NEUTRALITY AS A FACTOR OF UNPRECEDENTED ACCELERATION OF GLOBAL WARMING
The article reveals the reasons for the unprecedented acceleration of global warming, which was reported by the IPCC in the report "Climate Change 2021", offers proposals for their elimination, as well as for eliminating their consequences.
ВОССТАНОВЛЕНИЕ СПРОСА НА НЕФТЬ
2021, September, 17, 11:45:00
NO NUCLEAR FOR SPAIN
Under Spain's nuclear phase-out policy, its nuclear fleet is scheduled to shut down by 2035.
ВОССТАНОВЛЕНИЕ СПРОСА НА НЕФТЬ
2021, September, 17, 11:40:00
WIND ENERGY FOE CHILE 980 MW
The US$700m project, which is expected to generate 2 TWh/year, will include 140 turbines with a maximum power of 7 MW.
ВОССТАНОВЛЕНИЕ СПРОСА НА НЕФТЬ
2021, September, 17, 11:35:00
U.S. OIL INVENTORIES DOWN BY 6.4 MB TO 417.4 MB
U.S. commercial crude oil inventories decreased by 6.4 million barrels from the previous week to 417.4 million barrels.
ВОССТАНОВЛЕНИЕ СПРОСА НА НЕФТЬ
2021, September, 16, 14:00:00
OIL PRICE: ABOVE $75
Brent was up 11 cents, or 0.2%, to $75.57 a barrel, WTI was up 11 cents, or 0.2%, to $75.57 a barrel.
ВОССТАНОВЛЕНИЕ СПРОСА НА НЕФТЬ
2021, September, 16, 13:50:00
EUROPEAN CLIMATE ADAPTATION
Adaptation measures include flood prevention measures and renovating buildings to make them more resilient to extreme temperature. The changes required vary across the continent, but recent events have shown that climate change poses a threat to Europe’s cities.
ВОССТАНОВЛЕНИЕ СПРОСА НА НЕФТЬ
2021, September, 16, 13:45:00
GAS IS A KEY
Despite adaptations of new fuels and technologies to help achieve the net-zero goal, natural gas will continue to play a vital function for the foreseeable future.
All Publications »