In view of a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with the decision agreed upon on 5 December 2024 to start a gradual and flexible return of the 2.2 million barrels per day voluntary adjustments starting from 1 April 2025, the eight participating countries will implement a production adjustment of 411 thousand barrels per day in July 2025 from June 2025 required production level.

Türkiye is the only transit route left for Russian gas to Europe after Ukraine chose not to extend a five-year transit deal with Moscow when it expired on January 1.

U.S. crude oil output rose to 13.49 million barrels per day in March, up from 13.16 million bpd in February and the prior all-time high of 13.45 million bpd in October 2024.

Brent rose 25 cents, or 0.4%, to $64.34 a barrel, WTI gained 24 cents, or 0.4%, at $61.13 a barrel.

Brent slipped to $64.58 a barrel, WTI dropped 32 cents, or 0.5%, to $61.25.

Brent fell 39 cents, or 0.6%, to $66.24 a barrel, WTI slipped 36 cents, or 0.6%, to $63.31.

Уже в ближайшие годы мы планируем вернуться на уровень добычи 540 млн т нефти в год. Этот показатель будет удерживаться вплоть до 2050 г.

Brent dropped 22 cents, or 0.3%, to $64.74 per barrel, WTI fell 18 cents, or 0.3%, to $61.77.

Стороны обсудили состояние и перспективы мирового рынка нефти и договорились произвести в июне 2025 года корректировку добычи на 411 тыс. баррелей в сутки, что соответствует трём ежемесячным повышениям.

In view of the current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with the decision agreed upon on 5 December 2024 to start a gradual and flexible return of the 2.2 million barrels per day voluntary adjustments starting from 1 April 2025, the eight participating countries will implement a production adjustment of 411 thousand barrels per day in June 2025 from May 2025 required production level.

According to CCI data, the largest monthly increase in April was shown by shipments through the port of Kozmino +17.79%, 139 thousand tons per day.

Russia currently delivers gas to China via the Power of Siberia 1 pipeline, which is part of a US$400 billion, 30-year agreement between Gazprom and China’s CNPC which was signed in 2014.

Brent gained 43 cents to $66.98 a barrel, WTI rose 42 cents to $63.21 a barrel.

The ministry envisages in its baseline scenario of economic forecasts for 2025 that the average price for Brent will be at $68 per barrel, down from the $81.7 per barrel it assumed in its September forecasts,

Brent rose 8 cents, or 0.12%, to $66.20 a barrel , WTI gained 9 cents, or 0.14%, to $62.36 a barrel.