• ۲۳rd #OPEC and non-OPEC Ministerial Meeting #oott


  • «We're here today because we need immediate relief at the gas pump and the place to look is the Strategic Petroleum Reserve,» Schumer, a Democrat, said at a news conference in New York.

  • Total domestic crude exports averaged about ۳٫۲mn b/d in ۲۰۲۰, up from ۲٫۹۸mn b/d in ۲۰۱۹, the previous record high, according to trade data released today by the US Census Bureau and monthly figures from the Energy Information Administration.

  • If Joe Biden becomes U.S. president, Iran may be able to restore exports of almost ۲ billion barrels of oil a day, IEF head says #oott

    رییس مجمع جهانی انرژی می‌گوید که اگر بایدن رییس جمهور آمریکا شود ایران ممکن است بتواند صادرات نفتش را به حدود ۲ میلیون بشکه برگرداند.

  • In this less optimistic scenario, «the overall stockbuild reaches an unprecedented high level of ۱,۲۱۸ million bbl in ۲۰۲۰,» - @energyintel #oott

  • #Iran will develop #oil industry despite U.S. sanctions - Zanganeh says #oott

  • OPEC + approved the one-month extension of production cut in the order of ۹٫۷ million bpd for the moth of July. #oott

  • OPEC+ to Discuss Extending Cuts as Early Meeting Seen #oott

    informs its customers of its production adjustment plans for May & June.
    May’s voluntary adjustments:۱۵٪ Murban crude;۵٪ Umm Lulu; ۵٪ Das;&۱۵٪ Upper Zakum.
    June’s voluntary adjustments:۲۰٪ Murban crude; ۵٪ Umm Lulu; ۵٪ Das; &۲۰٪ Upper Zakum.
    https://opec.org/opec_web/en/۵۹۱۴.htm… #oott

  • OPEC+ Conference still on despite Reuters, Platts, CNPC, etc. announced its ending ۴ hours earlier/#OPEC #OOTT

  • It is no exaggeration to say the oil industry faces its gravest crisis of the past ۱۰۰ years.

  • اتاق بازرگانی، صنایع، معادن و کشاورزی ایران   IranChamber@

    1398/12/23 ساعت 23:10

    #Iran has installed a giant offshore rig at Salman oilfield in the Persian Gulf. The oilfield, located in the Lavan region, would see its output increase by ۶,۰۰۰ barrels per day after the installation of the new drilling rig. #OOTT http://en.otaghiranonline.ir/news/۲۲۳۲۷

  • Russia's position about Saudi’s decision. #oott

  • «I fail to see the wisdom for holding meetings in May-June that would only demonstrate our failure in attending to what we should have done in a crisis like this and taking the necessary measures,» Prince Abdulaziz bin Salman told @Reuters,

  • Should Brent crude remain at $۳۵ without an adjustment in spending, Saudi Arabia would run a deficit of nearly ۱۵٪ of economic output in ۲۰۲۰, while its net foreign reserves could run out in about five years unless it uses other funding sources. #oott

  • Important
    #oott #OPEC

  • Oil market faces surplus and needs balancing: Iran oil minister #oott #OPEC

  • #OPEC guidelines for the coming Ministerial Meetings. (Next week)

  • Why is the crude output of Ecuador included in OPEC monthly production report despite the fact that the country officially pulled out of the organization at the ۱۷۷th meeting?!#OPEC #OOTT

  • Iranian Minister of Petroleum #Zangeneh said instability had spurred a price rise in the oil market, and said: «Psychologically speaking, there is somewhat of an upward trend in oil prices currently.»/#OPEC/ #OOTT https://en.shana.ir/news/۲۹۷۴۸۵/Oil-Prices-Rise-in-Volatile-Conditions-Zangeneh

  • Of the three proposals on the table ahead of the #Opec and Opec+ meetings, Iran will naturally back the proposal calling for the deepest cuts. With its exports now limited, it will want higher prices to maximize whatever revenues it still gets. #oott @OPECSecretariat

  • Iran's #Zangeneh says will visit Moscow for GECF Meeting. He also said he would meet with his Russian counterpart to discuss mutual energy cooperation./#OOTT

  • Saudi Arabia’s king late on Saturday named his son as energy minister, replacing Khalid al-Falih.
    The new minister, industry veteran Prince Abdulaziz bin Salman, is half-brother to the Crown Prince, but the pair aren’t believed to be close and are quite far apart in age.#oott

  • #OPEC crude #oil production in July based on secondary sources: ۲۹.۶۰۹ tb/d. (-۲۴۶ July/Jun)

    Oil prices/ Now: Brent: $۵۸.۵۰
    WTI: $۵۴.۵۱

    Difficult days for OPEC members.

    @OPECSecretariat #oott

  • My question to the Iran’s Oil Minister before #OPEC meeting:«It seems like through encounters prior to D meeting today,they are trying to appease Iran for announcing the news of the agreement in Japan. Do you sense this is the case?»
    Zanganeh:«My feeling is very good today» #oott