#OPECmeetingupdates#
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OPEC meetings discuss a range of topics regarding energy markets and agree on how much oil they will produce.
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订单World Crude Oil Production (2016 to 2021)
In light of the current oil market fundamentals and the outlook for 2021, the OPEC council members agreed in the meeting to reconfirm the existing commitment under the Declaration of Cooperation (DoC) decision on April 12, 2020, then amended in June and September 2020 repeatedly, to gradually return to 2 mb/d, given consideration to market conditions.
Beginning January 2021, DoC participating countries have decided to voluntarily adjust the oil production by 0.5 mb/d from 7.7 mb/d to 7.2 mb/d.
Furthermore, the DoC participating countries agreed to hold monthly OPEC and non-OPEC ministerial meetings starting next year to assess market condition continuously and make decision on further production adjustments for the following month, limited to not higher than 0.5 mb/d.
OPEC Reference Basket Price (USD)
In March of 2021, the average price of the OPEC basket so far this month is 63.11$ per barrel, while the price was 61.04$ dollars per barrel in February of 2021. Over the last twelve months, the price has risen 86.11%.
What Countries are Part of OPEC?
OPEC Meeting News & Updates
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Oil surges $2 after OPEC+ extends output cuts
Canadian Dollar Climbs On Rising Oil Prices After OPEC Decision
Oil Prices Latest Analysis
Brent Oil to march forward to $70 as OPEC extends production cuts – ANZ
Oil soars to near 14-month high as OPEC+ extends output cuts into April
Oil surged after OPEC meeting
Canadian Dollar Climbs On Rising Oil Prices After OPEC Decision
Oil surges $2 after OPEC+ extends output cuts
📈 Market Analysis: Oil Rises as Traders Consider Glut Prospects and Middle East Risks
Oil prices rebounded after four days of losses as traders weighed production risks in the Middle East against concerns over a global oversupply. Brent crude neared $75 per barrel, while West Texas Intermediate approached $71. Earlier declines were driven by reports that Israel wouldn’t target Iran’s
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WTI steadies in the low-$60.00s as markets focus on pre-OPEC+ meeting source reports
WTI has been on the back foot on Tuesday, dropping into the low-$60.00s but remaining supported above the big figure. Sources have begun leaking OPEC+ member views/opinions head of the meeting and will continue to attract a lot of focus. Crude oil markets have been on the back foot on Tuesday and ha
WTI oIl outlook: Oil prices slip after Suez re-opening, markets eye OPEC+ meeting
WTI OIL WTI oil dropped over $1 on Tuesday, slipping from nearly two-week high ($62.23) posted in early Asian trading. Re-opening of Suez Canal after almost a week of closure which threatened to seriously hit global trading, eased tension and push oil prices lower. Traders turn their focus to an OPE
LHCM万汇:为什么欧佩克+小幅增产是对的？
以沙特和俄罗斯为首的欧佩克+产油国可能已经将石油库存削减至他们的目标水平，但这并不意味着他们可以在石油生产上肆意妄为。 上一次欧佩克会议上，产油国最终决定未来三个月内逐步增加产量。从此举可以看出，产油国本身对原油需求复苏是比较乐观的。 需要注意的一点是，欧佩克+总体增产规模并不大。 根据协议，产油国5月和6月均每日增加35万桶，7月增加44万桶。此外，沙特将逐步恢复今年2月份单方面减产的100万桶石油产量。 但总体来看，到了7月底，原油供应量也就与今年一月份持平;与一年前相比，供应量甚至仍减少了近60%。 由此看来，欧佩克+对增产依然比较谨慎。分析师认为，之所以在增产决定宣布后，油价还依然走高
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China tidak berkomitmen pada rilis minyak "drop in the ocean" AS
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Ada Ketidak Konsistensian Antara Kesepakatan OPEC+ Dan Aktualita
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OPEC+ to discuss pausing oil output hike for January – Reuters
Citing sources familiar with the matter, Reuters reported on Thursday that the OPEC+ group will likely discuss pausing the oil output hike for January among its options. OPEC+ will announce its supply policy following the meeting on Thursday. Market reaction Crude oil prices continue to edge higher
OPEC+ Mengawali Pertemuan Dua Hari, Nasib Pasokan Minyak Dunia Akan Ditentukan
ILUSTRASI. Fluktuasi tinggi harga minyak mentah dan kekhawatiran permintaah lemah karena Omicron, menjadi pertimbanganOPEC+. REUTERS/Russell Cheyne Sumber: Reuters | Editor: Anastasia Lilin Yuliantina KONTAN.CO.ID - LONDON. Organization of the Petroleum Exporting Countries (OPEC) dan sekutunya atau
Minyak kurangi kerugian akhir pekan, fokus penyebaran varian Omicron
Ilustrasi - Miniatur pompa sumur minyak cetak 3D terlihat di depan grafik stok yang ditampilkan dan logo OPEC. ANTARA/REUTERS/Dado Ruvic/aa. Tokyo (ANTARA) - Harga minyak naik pada awal perdagangan sesi Asia pada Senin pagi, menutup beberapa kerugian setelah jatuh sekitar 10 dolar AS per barel pada
Harga Minyak Melemah, Pasar Fokus ke Respons OPEC+ Soal Pelepasan Cadangan Minyak
Bisnis.com, JAKARTA – Harga minyak mentah merosot pada perdagangan Kamis (25/11/2021) saat liburan Thanksgiving AS, karena investor mengamati bagaimana produsen-produsen utama menanggapi pelepasan cadangan minyak darurat yang dipimpin AS. Minyak mentah berjangka Brent telah tergelincir 8 sen atau 0,
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