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OPEC Leaves Production Plan Unchanged, Cancels Ministers Meeting

OPEC Leaves Production Plan Unchanged, Cancels Ministers Meeting
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaAlexander novakEmmanuel addehOrganisation of petroleum exporting countriesMinisterial monitoring committeePetroleum exporting countriesRussian deputy prime ministerJoint ministerial monitoring committeeசவுதி அரேபியாஅலெக்சாண்டர் நோவாக்ஆர்கநைஸேஶந் ஆஃப் பெட்ரோலியம் ஏற்றுமதி நாடுகள்மந்திரி கண்காணிப்பு குழுபெட்ரோலியம் ஏற்றுமதி நாடுகள்ரஷ்ய துணை ப்ரைம் அமைச்சர்கூட்டு மந்திரி கண்காணிப்பு குழு

Crude oil slips on US stock build, OPEC+ JMMC endorses impending output rise

Crude oil slips on US stock build, OPEC+ JMMC endorses impending output rise
spglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spglobal.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaUnited statesMinisterial meeting committeeUs energy information administrationTechnical committeeAmerican petroleum instituteMinisterial monitoring committeeJoint ministerial meeting committeeInformation administrationJoint technical committeeJoint ministerial monitoring committeeசவுதி அரேபியாஒன்றுபட்டது மாநிலங்களில்தொழில்நுட்ப குழுஅமெரிக்கன் பெட்ரோலியம் நிறுவனம்மந்திரி கண்காணிப்பு குழு

OPEC Maintains Oil Demand Growth Forecast on COVID-19 Worries

By Emmanuel Addeh The Organisation of Petroleum Exporting Countries (OPEC) and its allies on the Joint Technical Committee (JTC) are keeping the cartel’s forecast for growth in global oil demand this year, amid worries of surging COVID-19 cases in India, it was learnt yesterday. In its most recent monthly oil market report, the cartel had raised its forecast for global oil demand growth by 70,000 barrels per day (bpd) to 5.95 million bpd, which it is leaving unchanged for now. The JTC meeting also expressed concern about rising COVID-19 cases in India, Japan and Brazil, as prices fell yesterday on fears that rising infections, especially in India, will dent fuel demand in the world’s third biggest oil importer.

Emmanuel addehSanusi barkindoOrganisation of petroleum exporting countriesTechnical committeeMinisterial monitoring committeeOrganisation for economic cooperationPetroleum exporting countriesJoint technical committeeEconomic cooperationJoint ministerial monitoring committeeஆர்கநைஸேஶந் ஆஃப் பெட்ரோலியம் ஏற்றுமதி நாடுகள்தொழில்நுட்ப குழுமந்திரி கண்காணிப்பு குழுஆர்கநைஸேஶந் க்கு பொருளாதார ஒத்துழைப்புபெட்ரோலியம் ஏற்றுமதி நாடுகள்கூட்டு தொழில்நுட்ப குழு

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Oil prices remain low despite OPEC ministerial meeting

Oil prices remain low despite OPEC ministerial meeting On By Udeme Akpan Despite the conclusion of the 16th Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC) which met to review the market and adopt measures for increased stability, oil prices remain unresponsive at over $60 per barrel. Specifically, the prices of Nigeria’s Bonny Light, Brent, and OPEC Basket remained unresponsive at $63.94, $66, and $63.22 per barrel yesterday. However, the meeting, which took place via teleconference on April 27, 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation emphasized the ongoing positive contributions of the DoC in supporting a rebalancing of the global oil market in line with the decisions taken at the 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting (ONOMM) on April

Khabarovskiy kraySaudi arabiaRussian federationAlexander novakUdeme akpanOrganisation of petroleum exporting countriesTechnical committeeMinisterial monitoring committeeKindly share this storyBonny lightPetroleum exporting countriesAbdul azizDeputy prime ministerMinisterial meetingJoint ministerial monitoring committeeParticipating countries