۴۰ days have passed.
The tribute to Hossein Kazempour Ardebili, Former #Iran’s #OPEC Governor. I learned a lot from him.
Watch this video
https://bcove.video/۲USdNvF
By: @OPECSecretariat #OOTT
My interview with Amirhossein Zamani nia, Iran's Governor in OPEC and the Deputy Minister for Trade and International Affairs, was held on Saturday evening,right after the #OPEC+ meeting. It contains interesting points, including, behind-the-scene understandings towards../۱ #OOTT
The #OPEC+ has traditionally targeted a reduction in inventories. But now it’s also actively focusing not just on stockpiles but also on the shape of the oil curve, designing policy to influence short-term prices relative to those further in the future, according to a delegate./۳
My interview with Petroleum Minster of #Iran after the #OPEC+ meeting:
Minister Zanganeh’s opinion on the approval of the extension of production cut for the month of July: «It is even a bit less than ۹٫۶ million barrels (per day)». /۱ #OOTT
@OPECSecretariat
A reliable source has said that the Entergy Minister of #Venezuela has thanked #Iran for sending the tankers of gasoline to their country during the #OPEC+ meeting. #OOTTThe Energy Minister of #Venezuela is currently making his speech at the #OPEC+ meeting. The Energy Minister of #Mexico will make her speech afterwards. #OOTT
Brief high-level remarks |Mohammad Sanusi Barkindo #OPEC Secretary General | ۱۷۹th Meeting of the OPEC Conference | ۰۶ June ۲۰۲۰ | part.۱ #OOTT
The #Russian Energy Minister has said that April ۲۰۲۰ was the worst month in the entire history of the #oil industry.
The #SaudiArabia Energy Minister considers compliance to be the key factor. #OOTT #OPEC
#OPEC+ Starts Videoconference Meeting
#OPEC ministers and their allies started a videoconference meeting after an earlier meeting by OPEC ministers on extending a previously-agreed supply cut for another month.
Zangeneh also said there was no «challenge» between #OPEC states, adding: «The agreements went ahead as planned.»
He said the main issue was compliance by some members like Iraq with production cut quota. He added that they promised to compensate in coming months.- Latest #OPEC #Oil Monthly Report: #Venezuela oil production:
May ۲۰۲۰: ۵۷۰
tb/d
۲۰۱۸ : ۱٫۳۵۴ tb/d
#OOTT #Mexico#MOMR:
Demand for #OPEC crude in ۲۰۲۰ was revised down by ۰٫۷mb/d from the previous month to stand at ۲۳٫۶mb/d, around ۵٫۸mb/d lower than in ۲۰۱۹.
The ۱Q۲۰ &۲Q۲۰ were revised down by ۰٫۶mb/d and ۲٫۲mb/d, respectively, while the ۳Q۲۰ was revised down slightly by ۰٫۱mb/d. #OOTT
