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Saudi Aramco likely to cut Nov OSPs amid softer demand cues, rising crude | Hellenic Shipping News Worldwide

Saudi Aramco and other Middle East producers are expected to cut official selling prices, or OSPs, for crude loading in November on weak demand-supply fundamentals that led to a sharp correction in benchmark Platts Dubai differentials in September, traders told S&P Global Platts. This month, a further reduction in prices of 30-50 cents/b across all ...
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New UAE-based crude oil futures contract introduced in March | Hellenic Shipping News Worldwide

On March 29, 2021, the Intercontinental Exchange, Inc., (ICE) Futures Abu Dhabi (IFAD) exchange began trading a new Murban crude oil futures contract, which delivers at Fujairah in the United Arab Emirates (UAE), and which may potentially serve as an additional benchmark crude oil contract for crude oil exports out of the Persian Gulf. This ...
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ADNOC sells blue ammonia cargo to INPEX as clean energy push gathers pace | Hellenic Shipping News Worldwide

Abu Dhabi National Oil Co. has sold a blue ammonia cargo to Japan’s INPEX for use in power generation, as the UAE’s biggest energy producer boosts supply of the clean product to one of its top export countries. Fertiglobe, a 58-42 partnership between Netherlands-listed chemical firm OCI and ADNOC, will produce the blue ammonia from ...
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What's Next For Oil After The New OPEC+ Deal

7 hours US Considers Choking Off Irans Oil Exports To China Amid Stalled Nuclear Talks 9 hours Saudi Arabia Boosted Crude Oil Exports To 4-Month High In May 10 hours Credit Suisse Lifts 2021 Average Brent Price To $70 11 hours Iran To Export First Oil Bypassing Strait Of Hormuz 12 hours What’s Behind The New OPEC Agreement? 3 days China Is Growing Increasingly Reluctant To Fund African Energy Proje...
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Opep+: cómo queda producción de petróleo tras diferencias entre Arabia Saudita y Emiratos Árabes Unidos | Internacional

2021-07-12 2021-07-12 Una semana después de que la Organización de Países Exportadores de Petróleo y sus aliados (Opep+) abandonaran su reunión con acritud, la ventana para un aumento de la producción de petróleo en agosto se está cerrando sin ningún acuerdo a la vista. Independientemente del deseo de otros miembros de la agrupación de llegar a un acuerdo, hay pocas señales de que Arabi...
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OPEC Deadlock Leaves Market Guessing

July 7, 2021 On July 5, the Organization of the Petroleum Exporting Countries (OPEC) and allied producers canceled a planned meeting, leaving the group without a clear plan to raise output after August 1. An internal rift is raising questions over the group’s cohesion and market messaging, at a time when demand is growing, and OPEC states want to take advantage of higher prices. Q1: What happened at the OPEC meeting? A1: OPEC and the broader OPEC+ group failed last week to agree on a new plan...
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Source: csis.org

Кому выгоден крах сделки ОПЕК+

Кому выгоден крах сделки ОПЕК+ 2021-07-07T10:31:19+03:00 2021-07-07T04:00:00+03:00 2021 Кому выгоден крах сделки ОПЕК+ Энергетика https://россиясегодня.рф Делегация Объединенных Арабских Эмиратов (ОАЭ) заблокировала принятие решения об увеличении добычи нефти странами ОПЕК+. ОАЭ считают несправедли�...
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Source: 1prime.ru

Oil and dollars: Why the UAE is risking a falling-out with OPEC+

The OPEC+ oil cartel is facing its biggest crisis since a price war at the start of the coronavirus pandemic. The United Arab Emirates, the group’s fourth-biggest producer, argued against a deal proposed by Saudi Arabia and Russia to extend quota limits until the end of next year, rather than ending them in April as originally planned. The UAE agreed with the other 22 OPEC+ members that monthly output cuts should be eased by 400,000 barrels a day from August, but said the extension should ...
Abu Dhabi Abuz Aby United Arab Emirates Saudi Arabia Ar Riya Jeff Currie

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