After acquiescing to lower output quotas at their previous meeting in June, OPEC+’s west African members were unhappy to learn that Russia and Saudi Arabia, the bloc’s de facto leaders, wanted to further curtail output. 在6月份的上一次会议上,OPEC的西非成员国默许了降低产量配额,然后它们得知...
This would not be without precedent. Saudi Arabia pledged its voluntary 1mn b/d cut, dubbed a "lollipop" by Saudi energy minister Prince Abdulaziz bin Salman, immediately after the June 2023 Opec+ meeting. By Nader Itayim, Bachar Halabi and Aydin Calik...
Early Wednesday shortly after the OPEC+ meeting postponement was announced, that probability fell to 36.75% from 65.88% on Tuesday afternoon. “Reaching a new agreement to cut production will prove to be challenging,” said Rystad’s León. The 2024 production quotas decided in...
In the 4th OPEC+ Ministerial Meeting (held on June 23, 2018), OPEC+ countries declared that they have exceeded the required level of production cuts outlined in the 'Declaration of Cooperation', reaching 147% in May 2018. Therefore, OPEC+ decided that as of July 1, 2018, it will ensure...
The reductions will be taken from the quotas adopted at the last OPEC+ ministerial meeting in June. It will add to the voluntary output cuts announced by OPEC+ countries in April and will last until the end of 2024, OPEC said in a statement. ...
OPEC+石油市场月报(2023年6月)-94页.doc HYPERLINK Organization of the Petroleum Exporting Countries HYPERLINK 13 June 2023 HYPERLINK Feature article: HYPERLINK World oil market prospects for the second half of 2023 HYPERLINK Oil market highlights iii HYPERLINK Feature article HYPERLINK Crude oil price mo...
producers and itsminnows. Afteracquiescingto lower output quotas at their previous meeting in June,...
Group leader Saudi Arabia has said publicly that the 23-nation alliance should keep supplies steady for the whole of 2023 as it navigates a fragile recovery in global oil demand. Delegates from the group say privately that an online meeting of key minist
The report nudged up OPEC’s forecast for world economic growth this year to 2.7% from 2.6% and raised next year’s figure by the same increment to 2.6%, saying growth in the United States, Brazil and Russia had surpassed initial expectations in the first half of 2023. ...
consternation about some members'ongoing failure to meet production targets.The Joint Ministerial Monitoring Committee overseeing the group's production pact met Oct.2 but did not recommend any changes to current plans."No change and no recommendations,"one delegate said,describing the meeting as"...