OPEC oil production rises, supported by the recovery of Nigerian supplies

Last month, OPEC expected growth in global oil demand as a result of easing Chinese restrictions on the zero Covid policy, so that the energy sector would witness an increase in production, in line with the increase in demand, supported by Nigerian supplies. OPEC oil production increased for most of 2022, as global demand levels […]

OPEC production fell by 1.77 million barrels per day below the agreement level

Production of the 19 OPEC members bound by quotas under the oil agreement is down by 50,000 barrels per day — to 38.33 million bpd last month, leaving an estimated 1.77 million bpd gap between alliance supply and its official targets. OPEC production fell by 1.77 million barrels per day below the agreement level A […]

Oil Countries Not Cutting Production, Pump Price Remains Uncertain | Economy

04 dec 2022 om 15:39Update: een uur geleden Cartel members of oil-producing OPEC countries are not adjusting their oil production, they announced after a brief meeting on Sunday. It was feared that lower production would lead to higher prices, but that is not the case. However, the price of oil remains difficult to predict. Production […]

Get it if you can – Hi-Tech – Kommersant

The return of greenhouse gas emissions to pre-pandemic levels has led to the intensification of projects aimed at capturing and treating carbon dioxide in the atmosphere. New projects are designed to combat greenhouse gas emissions in the industries that are one of their main producers – in transport and energy. Scientists in the US and […]

Profits and losses of Arab-US oil quarrels for Indonesia

Jakarta – Relations between the United States (USA) and Saudi Arabia are heating up. This is in the aftermath of the OPEC + oil-exporting country’s reduction plan oil production up to 2 million barrels per day. What are the implications for RI? SKK Migas chief Dwi Soetjipto said the impact of OPEC + production cuts […]

The greenback and economic downturn fears lead to oil to plummet

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" Crude oil futures are stable Brent At 96.72 dollars a barrel, up by just 13 cents at the close. US West Texas Intermediate crude oil futures also rose 27 cents to stand at $ 90.77. Both contracts were down about 1.5% by the end of the week. Oil prices jumped […]

Headquarters reporter’s remark 丨 Above 80% of the normal everyday oil creation was looted and illegal US troops stationed in Syria designed the Syrian individuals miserable – yqqlm

Unique title: Headquarters reporter’s observation 丨 Extra than 80% of the typical daily oil generation was looted by unlawful US troops stationed in Syria, generating the Syrian persons depressing Since the US and backed rebels have occupied the territory of northeastern Syria and managed 90% of the oil fields in Syria, it is not uncommon […]

China avoids buying oil from Russia under new contracts – Reuters

Photo: Reuters (file photo) China begins to evade new contracts for the purchase of oil from Russia – – Chinese refiners won’t buy Russian oil for May delivery, sources say In China, the state-owned refineries of Sinopec, CNOOC, PetroChina and Sinochem are avoiding new deals to buy cheap Russian oil due to Beijing’s call to […]