2024-09-03 06:40:00
OPEC+ PRODUCTION CAN RISE
BLOOMBERG - Aug 30, 2024 - OPEC+ is leaning toward reviving oil production as planned in October, according to delegates involved in the discussions.
Led by Saudi Arabia and Russia, the Organization of Petroleum Exporting Countries and its allies are due to add 180,000 barrels a day as they gradually restore output that’s been halted since 2022. For now, there aren’t any signs of postponement, several officials said, asking not to be identified because the talks are private.
OPEC+ has warned repeatedly that it could “pause or reverse” the hikes if necessary, and with prices eroded by China’s faltering economy, analysts from Citigroup Inc. to Rystad Energy predicted a delay.
Crude futures have retreated sharply during the past two months, trading below $80 a barrel Friday.
Yet a political crisis in OPEC member Libya, which has halved its output, may have given the alliance the space to move forward. Tripoli’s woes have boosted the market, offsetting concerns about China and plentiful new supplies from the US, Guyana and Brazil.
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Earlier:
2024, August, 22, 07:00:00
OIL PRICE: BRENT NEAR $76, WTI NEAR $72
Brent were 3 cents up to $76.08 a barrel, WTI fell 5 cents to trade at $71.88.
2024, August, 22, 06:55:00
РОССИЯ: СПРАВЕДЛИВЫЙ ЭНЕРГОПЕРЕХОД
Россия последовательно поддерживает конструктивный подход к справедливым энергетическим переходам, который позволит продолжать следовать климатическим целям.
2024, August, 22, 06:45:00
GLOBAL GAS DEMAND WILL UP BY 2050
Demand for natural gas will remain strong despite government and company efforts to zero out emissions by mid-century,
2024, August, 15, 07:00:00
OIL PRICE: BRENT NEAR $80, WTI ABOVE $77
Brent climbed 17 cents, or 0.21%, to $79.93 a barrel, WTI increased by 21 cents, or 0.27%, to $77.19 per barrel.
2024, August, 15, 06:55:00
RUSSIA: COMMITMENT TO OPEC+
The Russian Federation retains its full commitment to the OPEC Plus agreement.
2024, August, 6, 06:55:00
OPEC+RUSSIA: HIGH CONFORMITY
The Joint Ministerial Monitoring Committee (JMMC) reviewed the crude oil production data for the months of May and June 2024 and noted the high overall conformity for participating OPEC and non-OPEC countries of the Declaration of Cooperation (DoC).
2024, August, 6, 06:50:00
ОПЕК+РОССИЯ: ВЫСОКОЕ СООТВЕТСТВИЕ
Ряд государств, входящих в ОПЕК+ (Россия, Саудовская Аравия, Алжир, Ирак, Кувейт, ОАЭ, Казахстан и Оман), которые ранее взяли на себя обязательства добровольного дополнительного сокращения добычи нефти на 2,2 млн баррелей в сутки, объявили о том, что после сентября 2024 года могут постепенно корректировать параметры сделки и наращивать добычу нефти в зависимости от рыночных условий.
