2022-10-19 11:55:00
UAE, SAUDI ARABIA, OPEC+ DECISION
WAM - ABU DHABI, 18th October, 2022 -- The UAE has expressed support for the statement by the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia regarding reviewing the status of oil markets and reducing production, noting that the decision was collective and based on the vote of OPEC+.
In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) underscored that the UAE, as a member of the group and a partner of the Kingdom of Saudi Arabia, affirms the technical nature of the decision and rejects statements that push for its politicisation. The Ministry also underscored the need for constructive dialogue that serves the interests of all countries.
The Ministry affirmed the UAE's full support for the Kingdom of Saudi Arabia in its efforts to achieve energy stability and security in a manner that serves the interests of producers and consumers and promotes economic growth and development worldwide.
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Earlier:
2022, October, 11, 17:40:00
ОПЕК + РОССИЯ + ОАЭ
Мы активно работаем и в рамках «ОПЕК плюс». Знаю Вашу позицию, наши действия, наши решения не направлены против кого бы то ни было, мы не собираемся и не делаем так, чтобы создавать кому-то проблемы.
2022, October, 11, 17:30:00
OPEC+ STABILIZE MARKETS
The OPEC+ alliance, co-chaired by Russia and Saudi Arabia, last week agreed to cut its production by 2 million barrels a day, the biggest reduction since 2020.
2022, October, 6, 13:25:00
ОПЕК + РОССИЯ: МИНУС 2 МБД
Страны – производители нефти приняли общее решение сократить добычу на 2 млн баррелей в сутки.
2022, October, 6, 13:20:00
OPEC + RUSSIA DOWN 2 MBD
Adjust downward the overall production by 2 mb/d from the August 2022 required production levels, starting November 2022 for OPEC and non-OPEC Participating Countries
2022, October, 4, 14:40:00
OPEC+ OUTPUT CUT
Russia currently forecasts a further drop in Urals oil price over the next three years – to $70.1/b in 2023, $67.5/b in 2024, and $65/b in 2025. Its 2022 forecast is $80/b.
2022, September, 6, 14:10:00
OPEC+ PRODUCTION DOWN 0.1 MBD
Revert to the production level of August 2022 for OPEC and non-OPEC Participating Countries for the month of October 2022 as per the attached table, noting that the upward adjustment of 0.1 mb/d to the production level was only intended for the month of September 2022.
2022, August, 26, 12:00:00
OPEC EARNINGS $842 BLN
OPEC will earn about $842 billion in oil export revenue in 2022, the most inflation-adjusted net oil export revenue for the group since 2014, when they collectively earned nearly $992 billion.
