[size=35][size=35]Iraq and 8 countries are awaiting the OPEC + meeting.. International experts: It may trigger a surprise related to oil prices[/size]
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2023-06-02 | 05:33
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Alsumaria News - Economy
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[url=https://www.alsumaria.tv/Entity/47950/%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9 %D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9/ar/]Saudi Arabia[/url] and 8 other countries in OPEC + announced a voluntary reduction in oil production, by a total of 1.66 million barrels per day, in the period from May 2023 until the end of the year, in addition to the reduction agreed upon by the coalition by two million barrels per day in the period from November 2022 until the end of the year. year end.
In this regard, we review the opinions of elite experts about their expectations for the decisions of the next OPEC + meeting, and whether we will witness a new production cut, as well as the range of oil prices in the second half of 2023. * A
new cut in OPEC + production
. [url=https://www.alsumaria.tv/Entity/1761889505/%D9%81%D8%A7%D9%86%D8%AF%D8%A7 %D8%A5%D9%86%D8%B3%D8%A7%D9%8A%D8%AA%D8%B3/ar/]Vanda Insights[/url]" on energy markets, Vandana [You must be registered and logged in to see this link.], that the OPEC + alliance will continue its course during its next meeting, which will be held on June 4.
She explained that the alliance always gives itself time to reach full compliance, and to monitor the impact of any production cuts on the actual market, before taking any further steps.
"However, the market will also factor in the risk of a surprise, as the OPEC+ alliance has presented a number of such surprises in recent years," she added.
The opinion was shared by the head of the American [url=https://www.alsumaria.tv/Entity/2651204318/%D8%B1%D8%A7%D8%A8%D9%8A%D8%AF%D8%A7%D9%86 %D8%A7%D9%86%D8%B1%D8%AC%D9%8A/ar/]Rapidan Energy[/url] Company, [url=https://www.alsumaria.tv/Entity/439802068/%D8%A8%D9%88%D8%A8 %D9%85%D9%83%D9%86%D8%A7%D9%84%D9%8A/ar/]Bob McNally[/url], who confirmed that the coalition ministers prefer to extend their agreement, and allow the production cuts this month to enter into force.
However, he indicated that another production cut "may appear on the table", in the event that oil prices decline further at the weekend, amid very pessimistic sentiments about the macro economy.
Senior advisor on foreign policy and energy geopolitics, Omod Shukri, believes that a drop in oil prices to $75 a barrel may lead to stimulating discussions within OPEC+ about adjusting production levels to manage the market.
Historically, Shoukry said, the alliance made decisions about oil production cuts or increases in response to various factors, including market conditions and supply-and-demand dynamics.
* Adhere to caution after the recent reductions
For his part, said commodities analyst at Swiss bank [url=https://www.alsumaria.tv/Entity/122379/%D9%8A%D9%88 %D8%A8%D9%8A %D8%A5%D8%B3/ar/]UBS[/url] [url=https://www.alsumaria.tv/Entity/1493288725/%D8%AC%D9%8A%D9%88%D9%81%D8%A7%D9%86%D9%8A %D8%B3%D8%AA%D8%A7%D9%86%D9%88%D9%81%D9%88/ar/]Giovanni Stanovo[/url] that the alliance will stick to its cautious stance, with the aim of maintaining the balance of the oil market.
He said the recent voluntary production cuts were implemented recently; Therefore, it needs time to affect the market balance, but he stressed that there are continuing concerns driven by fears of economic growth in the [url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9 %D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9/ar/]United States[/url] and China, on the other hand.
The editor-in-chief of the "Petroleum Economist" platform, [url=https://www.alsumaria.tv/Entity/3500481155/%D8%A8%D9%88%D9%84 %D9%87%D9%8A%D9%83%D9%86/ar/]Paul Hicken[/url], indicated that there does not seem to be much desire on the part of OPEC + ministers to cut production further, shortly after the last round of cuts.
The following infographic shows the size of the additional cuts implemented by 9 countries of the coalition until the end of the year:
[You must be registered and logged in to see this image.]
[url=https://www.alsumaria.tv/Entity/3500481155/%D8%A8%D9%88%D9%84 %D9%87%D9%8A%D9%83%D9%86/ar/]Paul Hicken[/url] said coalition ministers may prefer to wait and see the impact of these current cuts on the actual market, according to his comments to the specialized energy platform.
For her part, Dr. Sarah Fakhshuri, head of [url=https://www.alsumaria.tv/Entity/2006463858/%D8%A5%D8%B3 %D9%81%D9%8A %D8%A8%D9%8A %D8%A5%D9%86%D8%B1%D8%AC%D9%8A %D8%A5%D9%86%D8%AA%D8%B1%D9%86%D8%A7%D8%B4%D9%8A%D9%88%D9%86%D8%A7%D9%84/ar/]SVB Energy International[/url], believes that it is very difficult to predict the results of the next OPEC+ meeting.
"Prices are relatively low compared to the previous month, but at the same time, we are heading into the summer season and the seasonal demand for oil," she said.
* Will the voluntary reduction turn into mandatory?
The founder of the ““[url=https://www.alsumaria.tv/Entity/1761889505/%D9%81%D8%A7%D9%86%D8%AF%D8%A7 %D8%A5%D9%86%D8%B3%D8%A7%D9%8A%D8%AA%D8%B3/ar/]Vanda Insights[/url]” Center on Energy Markets, Vandana [You must be registered and logged in to see this link.], said that the OPEC + alliance may formalize voluntary cuts by 9 of its members, at the next meeting.
When asked about the possibility of achieving a Saudi surprise with a new voluntary cut on the part of the Kingdom, she said: "It is difficult to see the Kingdom offering an additional voluntary cut alone, especially at a time when Russia is providing just over half of the cut it has pledged, amounting to 500,000 barrels per day."
The editor-in-chief of the "Petroleum Economist" platform, Paul Hiken, indicated that the most likely scenario is that the OPEC + alliance converts voluntary cuts into a more formal agreement to improve credibility and accountability.
He explained that there may be some adjustments in the deal to integrate the wider group.
In the same context, the head of the American [url=https://www.alsumaria.tv/Entity/2651204318/%D8%B1%D8%A7%D8%A8%D9%8A%D8%AF%D8%A7%D9%86 %D8%A7%D9%86%D8%B1%D8%AC%D9%8A/ar/]Rapidan Energy[/url] Company, [url=https://www.alsumaria.tv/Entity/439802068/%D8%A8%D9%88%D8%A8 %D9%85%D9%83%D9%86%D8%A7%D9%84%D9%8A/ar/]Bob McNally[/url], said that it is likely that a small subgroup of OPEC + members will cut oil production, after the voluntary cut announced by 9 member countries last April.
He added, "It is not possible to rule out a repetition of the voluntary cuts that [url=https://www.alsumaria.tv/Entity/47950/%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9 %D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9/ar/]Saudi Arabia[/url] made in January 2021, but the ministers prefer collective cuts," according to his statements to the specialized energy platform.
Senior foreign policy advisor and energy geopolitics Umud Choukri stated that [url=https://www.alsumaria.tv/Entity/47950/%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9 %D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9/ar/]Saudi Arabia[/url] would be able to cut production voluntarily, if necessary.
*2023 OIL PRICE EXPECTATIONS
Vandana [You must be registered and logged in to see this link.], founder of the [url=https://www.alsumaria.tv/Entity/1761889505/%D9%81%D8%A7%D9%86%D8%AF%D8%A7 %D8%A5%D9%86%D8%B3%D8%A7%D9%8A%D8%AA%D8%B3/ar/]Vanda Insights[/url] Center on Energy Markets, predicted that the average Brent crude price would be around $75 per barrel in the second half of 2023. Senior foreign policy and energy geopolitics adviser Umod Choukri believes that it is possible
that Crude prices reach $75 per barrel in the second half of the year.
Shukri explained that there are some factors that could affect oil prices during the second half of 2023, represented in the global demand for oil, geopolitical factors, the movements of OPEC + countries, shale oil production, environmental policies, and the transition to renewable energy.
He pointed out the importance of noting that unexpected events, such as natural disasters, economic shocks or technological developments, could significantly affect oil prices.
In addition, geopolitical events or supply disruptions in major oil-producing regions may contribute to price volatility, Shoukry told the energy platform.
For his part, [url=https://www.alsumaria.tv/Entity/3500481155/%D8%A8%D9%88%D9%84 %D9%87%D9%8A%D9%83%D9%86/ar/]Paul Hicken[/url], editor-in-chief of the "Petroleum Economist" platform, said that oil prices may remain under pressure in the near term, and may drop below $70 a barrel.
He indicated that it is likely to return to the level of $ 80 a barrel later in the year.
* Risks to oil prices
President of the American [url=https://www.alsumaria.tv/Entity/2651204318/%D8%B1%D8%A7%D8%A8%D9%8A%D8%AF%D8%A7%D9%86 %D8%A7%D9%86%D8%B1%D8%AC%D9%8A/ar/]Rapidan Energy[/url] Company, [url=https://www.alsumaria.tv/Entity/439802068/%D8%A8%D9%88%D8%A8 %D9%85%D9%83%D9%86%D8%A7%D9%84%D9%8A/ar/]Bob McNally[/url], said that a large supply and demand deficit is expected, and a sharp rise in crude oil prices to about $ 100 by the end of the year, according to the base case scenario.
However, McNally noted that confidence in this base case is weakened by negative macroeconomic headwinds arising from inflationary pressures, higher interest rates, tighter central bank credit conditions, and risks associated with war and sanctions.
So, while oil prices are rising in the medium term, the near term is fraught with two-way risks, McNally told the specialist energy platform.
For his part, [url=https://www.alsumaria.tv/Entity/1493288725/%D8%AC%D9%8A%D9%88%D9%81%D8%A7%D9%86%D9%8A %D8%B3%D8%AA%D8%A7%D9%86%D9%88%D9%81%D9%88/ar/]Giovanni Stanovo[/url], a commodity analyst at the Swiss bank [url=https://www.alsumaria.tv/Entity/122379/%D9%8A%D9%88 %D8%A8%D9%8A %D8%A5%D8%B3/ar/]UBS[/url], said that he still expects that seasonal demand for oil will rise during the summer in the northern hemisphere, and that a decrease in production as a result of OPEC + production cuts would lead to a scarcity of supplies in the market. Oil, price support.
Dr. Sarah Fakhshuri, President of [url=https://www.alsumaria.tv/Entity/2006463858/%D8%A5%D8%B3 %D9%81%D9%8A %D8%A8%D9%8A %D8%A5%D9%86%D8%B1%D8%AC%D9%8A %D8%A5%D9%86%D8%AA%D8%B1%D9%86%D8%A7%D8%B4%D9%8A%D9%88%D9%86%D8%A7%D9%84/ar/]SVB Energy International[/url], believes that the market can expect a lower oil price range than the previous year, with the global economic slowdown, if no geopolitical or sudden factor occurs.
"Therefore, OPEC+ members may adjust their expectations to a new lower range for oil prices, rather than racing to cut production in hopes of maintaining a higher price range," she said.
Source: Specialized Energy Platform
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Economy
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2023-06-02 | 05:33
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1,224 views
Alsumaria News - Economy
The eyes of the oil markets are turning to the OPEC + meeting, which is scheduled to be held on June 4, 2023, to determine the production policy in the coming period, after several countries in the alliance announced an additional voluntary cut in order to achieve stability and balance, which raised speculation about the decisions that will be taken. It will be revealed at the next meeting and the extent of its impact on oil prices.
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[url=https://www.alsumaria.tv/Entity/47950/%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9 %D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9/ar/]Saudi Arabia[/url] and 8 other countries in OPEC + announced a voluntary reduction in oil production, by a total of 1.66 million barrels per day, in the period from May 2023 until the end of the year, in addition to the reduction agreed upon by the coalition by two million barrels per day in the period from November 2022 until the end of the year. year end.
In this regard, we review the opinions of elite experts about their expectations for the decisions of the next OPEC + meeting, and whether we will witness a new production cut, as well as the range of oil prices in the second half of 2023. * A
new cut in OPEC + production
. [url=https://www.alsumaria.tv/Entity/1761889505/%D9%81%D8%A7%D9%86%D8%AF%D8%A7 %D8%A5%D9%86%D8%B3%D8%A7%D9%8A%D8%AA%D8%B3/ar/]Vanda Insights[/url]" on energy markets, Vandana [You must be registered and logged in to see this link.], that the OPEC + alliance will continue its course during its next meeting, which will be held on June 4.
She explained that the alliance always gives itself time to reach full compliance, and to monitor the impact of any production cuts on the actual market, before taking any further steps.
"However, the market will also factor in the risk of a surprise, as the OPEC+ alliance has presented a number of such surprises in recent years," she added.
The opinion was shared by the head of the American [url=https://www.alsumaria.tv/Entity/2651204318/%D8%B1%D8%A7%D8%A8%D9%8A%D8%AF%D8%A7%D9%86 %D8%A7%D9%86%D8%B1%D8%AC%D9%8A/ar/]Rapidan Energy[/url] Company, [url=https://www.alsumaria.tv/Entity/439802068/%D8%A8%D9%88%D8%A8 %D9%85%D9%83%D9%86%D8%A7%D9%84%D9%8A/ar/]Bob McNally[/url], who confirmed that the coalition ministers prefer to extend their agreement, and allow the production cuts this month to enter into force.
However, he indicated that another production cut "may appear on the table", in the event that oil prices decline further at the weekend, amid very pessimistic sentiments about the macro economy.
Senior advisor on foreign policy and energy geopolitics, Omod Shukri, believes that a drop in oil prices to $75 a barrel may lead to stimulating discussions within OPEC+ about adjusting production levels to manage the market.
Historically, Shoukry said, the alliance made decisions about oil production cuts or increases in response to various factors, including market conditions and supply-and-demand dynamics.
* Adhere to caution after the recent reductions
For his part, said commodities analyst at Swiss bank [url=https://www.alsumaria.tv/Entity/122379/%D9%8A%D9%88 %D8%A8%D9%8A %D8%A5%D8%B3/ar/]UBS[/url] [url=https://www.alsumaria.tv/Entity/1493288725/%D8%AC%D9%8A%D9%88%D9%81%D8%A7%D9%86%D9%8A %D8%B3%D8%AA%D8%A7%D9%86%D9%88%D9%81%D9%88/ar/]Giovanni Stanovo[/url] that the alliance will stick to its cautious stance, with the aim of maintaining the balance of the oil market.
He said the recent voluntary production cuts were implemented recently; Therefore, it needs time to affect the market balance, but he stressed that there are continuing concerns driven by fears of economic growth in the [url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9 %D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9/ar/]United States[/url] and China, on the other hand.
The editor-in-chief of the "Petroleum Economist" platform, [url=https://www.alsumaria.tv/Entity/3500481155/%D8%A8%D9%88%D9%84 %D9%87%D9%8A%D9%83%D9%86/ar/]Paul Hicken[/url], indicated that there does not seem to be much desire on the part of OPEC + ministers to cut production further, shortly after the last round of cuts.
The following infographic shows the size of the additional cuts implemented by 9 countries of the coalition until the end of the year:
[You must be registered and logged in to see this image.]
[url=https://www.alsumaria.tv/Entity/3500481155/%D8%A8%D9%88%D9%84 %D9%87%D9%8A%D9%83%D9%86/ar/]Paul Hicken[/url] said coalition ministers may prefer to wait and see the impact of these current cuts on the actual market, according to his comments to the specialized energy platform.
For her part, Dr. Sarah Fakhshuri, head of [url=https://www.alsumaria.tv/Entity/2006463858/%D8%A5%D8%B3 %D9%81%D9%8A %D8%A8%D9%8A %D8%A5%D9%86%D8%B1%D8%AC%D9%8A %D8%A5%D9%86%D8%AA%D8%B1%D9%86%D8%A7%D8%B4%D9%8A%D9%88%D9%86%D8%A7%D9%84/ar/]SVB Energy International[/url], believes that it is very difficult to predict the results of the next OPEC+ meeting.
"Prices are relatively low compared to the previous month, but at the same time, we are heading into the summer season and the seasonal demand for oil," she said.
* Will the voluntary reduction turn into mandatory?
The founder of the ““[url=https://www.alsumaria.tv/Entity/1761889505/%D9%81%D8%A7%D9%86%D8%AF%D8%A7 %D8%A5%D9%86%D8%B3%D8%A7%D9%8A%D8%AA%D8%B3/ar/]Vanda Insights[/url]” Center on Energy Markets, Vandana [You must be registered and logged in to see this link.], said that the OPEC + alliance may formalize voluntary cuts by 9 of its members, at the next meeting.
When asked about the possibility of achieving a Saudi surprise with a new voluntary cut on the part of the Kingdom, she said: "It is difficult to see the Kingdom offering an additional voluntary cut alone, especially at a time when Russia is providing just over half of the cut it has pledged, amounting to 500,000 barrels per day."
The editor-in-chief of the "Petroleum Economist" platform, Paul Hiken, indicated that the most likely scenario is that the OPEC + alliance converts voluntary cuts into a more formal agreement to improve credibility and accountability.
He explained that there may be some adjustments in the deal to integrate the wider group.
In the same context, the head of the American [url=https://www.alsumaria.tv/Entity/2651204318/%D8%B1%D8%A7%D8%A8%D9%8A%D8%AF%D8%A7%D9%86 %D8%A7%D9%86%D8%B1%D8%AC%D9%8A/ar/]Rapidan Energy[/url] Company, [url=https://www.alsumaria.tv/Entity/439802068/%D8%A8%D9%88%D8%A8 %D9%85%D9%83%D9%86%D8%A7%D9%84%D9%8A/ar/]Bob McNally[/url], said that it is likely that a small subgroup of OPEC + members will cut oil production, after the voluntary cut announced by 9 member countries last April.
He added, "It is not possible to rule out a repetition of the voluntary cuts that [url=https://www.alsumaria.tv/Entity/47950/%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9 %D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9/ar/]Saudi Arabia[/url] made in January 2021, but the ministers prefer collective cuts," according to his statements to the specialized energy platform.
Senior foreign policy advisor and energy geopolitics Umud Choukri stated that [url=https://www.alsumaria.tv/Entity/47950/%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9 %D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9/ar/]Saudi Arabia[/url] would be able to cut production voluntarily, if necessary.
*2023 OIL PRICE EXPECTATIONS
Vandana [You must be registered and logged in to see this link.], founder of the [url=https://www.alsumaria.tv/Entity/1761889505/%D9%81%D8%A7%D9%86%D8%AF%D8%A7 %D8%A5%D9%86%D8%B3%D8%A7%D9%8A%D8%AA%D8%B3/ar/]Vanda Insights[/url] Center on Energy Markets, predicted that the average Brent crude price would be around $75 per barrel in the second half of 2023. Senior foreign policy and energy geopolitics adviser Umod Choukri believes that it is possible
that Crude prices reach $75 per barrel in the second half of the year.
Shukri explained that there are some factors that could affect oil prices during the second half of 2023, represented in the global demand for oil, geopolitical factors, the movements of OPEC + countries, shale oil production, environmental policies, and the transition to renewable energy.
He pointed out the importance of noting that unexpected events, such as natural disasters, economic shocks or technological developments, could significantly affect oil prices.
In addition, geopolitical events or supply disruptions in major oil-producing regions may contribute to price volatility, Shoukry told the energy platform.
For his part, [url=https://www.alsumaria.tv/Entity/3500481155/%D8%A8%D9%88%D9%84 %D9%87%D9%8A%D9%83%D9%86/ar/]Paul Hicken[/url], editor-in-chief of the "Petroleum Economist" platform, said that oil prices may remain under pressure in the near term, and may drop below $70 a barrel.
He indicated that it is likely to return to the level of $ 80 a barrel later in the year.
* Risks to oil prices
President of the American [url=https://www.alsumaria.tv/Entity/2651204318/%D8%B1%D8%A7%D8%A8%D9%8A%D8%AF%D8%A7%D9%86 %D8%A7%D9%86%D8%B1%D8%AC%D9%8A/ar/]Rapidan Energy[/url] Company, [url=https://www.alsumaria.tv/Entity/439802068/%D8%A8%D9%88%D8%A8 %D9%85%D9%83%D9%86%D8%A7%D9%84%D9%8A/ar/]Bob McNally[/url], said that a large supply and demand deficit is expected, and a sharp rise in crude oil prices to about $ 100 by the end of the year, according to the base case scenario.
However, McNally noted that confidence in this base case is weakened by negative macroeconomic headwinds arising from inflationary pressures, higher interest rates, tighter central bank credit conditions, and risks associated with war and sanctions.
So, while oil prices are rising in the medium term, the near term is fraught with two-way risks, McNally told the specialist energy platform.
For his part, [url=https://www.alsumaria.tv/Entity/1493288725/%D8%AC%D9%8A%D9%88%D9%81%D8%A7%D9%86%D9%8A %D8%B3%D8%AA%D8%A7%D9%86%D9%88%D9%81%D9%88/ar/]Giovanni Stanovo[/url], a commodity analyst at the Swiss bank [url=https://www.alsumaria.tv/Entity/122379/%D9%8A%D9%88 %D8%A8%D9%8A %D8%A5%D8%B3/ar/]UBS[/url], said that he still expects that seasonal demand for oil will rise during the summer in the northern hemisphere, and that a decrease in production as a result of OPEC + production cuts would lead to a scarcity of supplies in the market. Oil, price support.
Dr. Sarah Fakhshuri, President of [url=https://www.alsumaria.tv/Entity/2006463858/%D8%A5%D8%B3 %D9%81%D9%8A %D8%A8%D9%8A %D8%A5%D9%86%D8%B1%D8%AC%D9%8A %D8%A5%D9%86%D8%AA%D8%B1%D9%86%D8%A7%D8%B4%D9%8A%D9%88%D9%86%D8%A7%D9%84/ar/]SVB Energy International[/url], believes that the market can expect a lower oil price range than the previous year, with the global economic slowdown, if no geopolitical or sudden factor occurs.
"Therefore, OPEC+ members may adjust their expectations to a new lower range for oil prices, rather than racing to cut production in hopes of maintaining a higher price range," she said.
Source: Specialized Energy Platform
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Today at 7:37 am by Rocky
» Obelisk Hour: The ambassadorial file is complex and the political blocs have stakes in the appointme
Today at 7:35 am by Rocky
» Pressure to improve standards: Parliamentary Working Committee moves towards promoting the rights of
Today at 7:33 am by Rocky
» Will he hand over the authority of the region peacefully? ...The Democrat is mixing the political ca
Today at 7:32 am by Rocky
» Politician: 99% of the Kurdish parties will not suspend their participation in the region’s election
Today at 7:31 am by Rocky
» The disputes between the Kirkuk forces are approaching a solution
Today at 7:29 am by Rocky
» To remove the foreigner... the first round negotiations between Iraq and the coalition continue
Today at 7:28 am by Rocky
» Parliamentary Committee: The region continues to export oil through Turkish Ceyhan
Today at 7:27 am by Rocky
» To cover salaries.. Baghdad sends 1.5 billion dinars to Kurdistan
Today at 7:24 am by Rocky
» In less than 12 hours, 19,000 Iranians entered Iraq
Today at 7:22 am by Rocky
» In exchange for completing transactions, government employees taking bribes were arrested
Today at 7:21 am by Rocky
» Iraq is moving to build the largest solar energy station
Today at 7:19 am by Rocky
» Amending the budget for social care and the disabled
Today at 7:18 am by Rocky
» A proposal to appoint social welfare beneficiaries to the security services
Today at 7:17 am by Rocky
» Calls for “regionalization” are outbidding and personal interests
Today at 7:15 am by Rocky
» Parliamentary Finance: Traffic fines will increase the state budget
Today at 7:14 am by Rocky
» Support the agricultural engineer
Today at 7:13 am by Rocky
» Experts: Activating the industrial and agricultural sectors stops 80% of imports
Today at 7:12 am by Rocky
» Central Bank sales exceed $245 million today
Today at 7:09 am by Rocky
» Today's newspapers are interested in Al-Sudani's assertion that the state of stability achieved in I
Today at 5:16 am by Rocky
» Al-Badran: The reason for postponing the Basra Council session is to give members sufficient time to
Today at 5:14 am by Rocky
» The Contractors Registration and Classification Committee at the Ministry of Planning completed more
Today at 5:13 am by Rocky
» Parliamentary Foreign Affairs: We discussed these files with the Romanian Senate
Today at 5:12 am by Rocky
» Baghdad Investment Authority to / Nina /: We will adopt future programming to implement projects and
Today at 5:10 am by Rocky
» Their arms are "electronic flies"... Personalities who lost their positions seek to stir up strife b
Today at 5:08 am by Rocky
» Decrease in dollar exchange rates in morning trading in Baghdad markets
Today at 5:06 am by Rocky
» An international organization: Plans to enhance the livelihood of affected displaced and returning f
Today at 5:04 am by Rocky
» Dozens of factories are halted... Industry: We went into partnership with the private sector to rest
Today at 5:03 am by Rocky
» The Iraqi Communist criticizes the decision to abolish the Kurdistan Parliament quota: positive disc
Today at 5:01 am by Rocky
» Al-Sudani confirms Iraq's aspiration for the participation of Azerbaijani companies in construction
Today at 5:00 am by Rocky
» An initiative by the President of the Republic to solve the problem of the region’s salaries
Today at 4:59 am by Rocky
» The Kurdistan government complains about Baghdad’s finances: It is ready to pay 59% of the salaries
Today at 4:58 am by Rocky
» Al-Khanjar: The Democratic boycott of the elections puts the future of Iraq in danger
Today at 4:55 am by Rocky
» Iraq is ranked seventh in the Arab world and 33rd globally in the misery index
Today at 4:54 am by Rocky
» Trade announces the achievement of self-sufficiency in ration card materials
Today at 4:52 am by Rocky
» Finance releases funding for state employees’ salaries for the month of March
Today at 4:51 am by Rocky
» Elon Musk: 20 seats won by Biden and his party with the votes of “illegal immigrants”
Today at 4:50 am by Rocky
» A "paradigm shift" awaits the regions of the belt and outskirts of Baghdad
Today at 4:47 am by Rocky
» “Speicher and Malwiya Fund”..Parliamentary Finance talks about “illegal fees” in state departments
Today at 4:46 am by Rocky
» Government admission of the failure of the meter campaign: Generators’ compliance is “almost non-exi
Today at 4:44 am by Rocky
» Iraq is proceeding with the zero nuclear reactor project.. Find out its details
Today at 4:42 am by Rocky
» The decision to “reduce exports”... “unplanned” production for Kurdistan will cost Baghdad half a bi
Today at 4:41 am by Rocky
» The powers of Kurdistan.. The Federal Court confirms its commitment to what was agreed upon by the “
Today at 4:39 am by Rocky
» Launching funding for state employees’ salaries for the month of March
Today at 4:38 am by Rocky
» Iraq and Syria top the "least safe" Arab countries
Yesterday at 7:23 am by Rocky
» Governor of Baghdad: 20 projects will be included during the current year in the city of Nahrawan
Yesterday at 7:20 am by Rocky
» More than $242 million in central bank sales today
Yesterday at 7:17 am by Rocky
» Advisor: Sudanese is determined to close the displacement file
Yesterday at 7:14 am by Rocky
» Al-Sudani: The implementation of the 2023 budget witnessed a success that must be invested in
Yesterday at 7:13 am by Rocky
» The Baghdad Council will decide on the nomination of the committees in the coming days
Yesterday at 7:10 am by Rocky
» Al-Samarrai: The Sunni community is not in favor of removing American forces
Yesterday at 7:08 am by Rocky
» A warning from Al-Rasheed to those wishing to apply for advances and loans
Yesterday at 7:06 am by Rocky
» Azerbaijan expresses its desire to participate in the implementation of joint projects in the oil an
Yesterday at 7:05 am by Rocky
» Fuel cards arouse citizens' discontent
Yesterday at 7:03 am by Rocky
» utube 3/18/24 MM&C Iraqi Dinar-- IQD-- Dinar Update -100% Electronic - Real Effective Exchange Rat
Yesterday at 5:21 am by Rocky
» utube MM&C 3/16/24 0:05 / 18:16 Iraq Federal Court Brings - Strength to Financial - Politic
Yesterday at 5:18 am by Rocky
» MM&C 3/18/24 Sudanese Advisor: Iraq will leave government monetary dealing in mid-2024
Yesterday at 5:17 am by Rocky
» A delegation from the Kurdistan government visits Baghdad to discuss the issue of localization of sa
Yesterday at 5:11 am by Rocky
» Director of the Central Oil Company: We are keen to provide the appropriate investment environment
Yesterday at 5:10 am by Rocky
» The Energy Parliament calls for reporting generators violating government pricing
Yesterday at 5:08 am by Rocky
» A representative reveals the fate of the laws of “previous sessions”
Yesterday at 5:07 am by Rocky
» Politician: Coordination holds the keys to resolving the “Parliament Presidency” conflict
Yesterday at 5:05 am by Rocky
» Al-Sudani: Iraq wants to carry out its peaceful activity in the field of atomic energy
Yesterday at 5:04 am by Rocky
» Including a minister and a parliamentarian... 38 arrest and recruitment orders were issued against t
Yesterday at 5:02 am by Rocky
» Integrity: Citizens’ cooperation resulted in detecting inflation and returning state funds
Yesterday at 5:01 am by Rocky
» Agriculture presents 97 projects to the Ministerial Council for the Economy
Yesterday at 4:59 am by Rocky
» Al-Sudani: We succeeded in implementing the 2023 budget, and we must continue to complete economic p
Yesterday at 4:58 am by Rocky
» Labor adopts new mechanisms to reduce the phenomenon of begging
Yesterday at 4:57 am by Rocky
» Electronically.. directing the collection of fees tomorrow in an Iraqi governorate
Yesterday at 4:56 am by Rocky
» Held in Brussels.. Iraq receives an official invitation to attend the Nuclear Energy Summit
Yesterday at 4:55 am by Rocky
» Kurdistan has been paralyzed. There has been no liquidity in hand for 50 days, and the truth has bee
Yesterday at 4:53 am by Rocky
» The dollar continues to decline against the Iraqi dinar on the stock exchange and exchange offices
Yesterday at 4:52 am by Rocky
» The Minister of Oil reveals the reasons for Shell’s withdrawal from Nebras: It will be divided into
Yesterday at 4:51 am by Rocky
» The Housing Fund advises loan applicants and launches a link for inquiries
Yesterday at 4:50 am by Rocky
» He stressed that the government’s vision is to make one class not exceed 25 students...Government me
Yesterday at 4:48 am by Rocky
» Al-Hakim and Al-Halbousi stress the importance of choosing a speaker for Parliament in accordance wi
Yesterday at 4:47 am by Rocky
» Iron and Steel Company: Iraq is on the verge of a major industrial revolution
Yesterday at 4:46 am by Rocky
» Economists: Citizens still prefer cash transactions over electronic transactions
Yesterday at 4:45 am by Rocky
» The compass of Iraq's foreign policy in a world of turbulent polarization
Yesterday at 4:43 am by Rocky
» Parliamentary Finance: The federal budget is in the corridors of the Council of Ministers, and there
Yesterday at 4:42 am by Rocky
» Integrity calls on citizens to report the inflation of funds in the sector of the Ministry of Labor
Yesterday at 4:40 am by Rocky
» Al-Sudani directs the launch of initiatives for young businessmen and investors
Yesterday at 4:38 am by Rocky
» Representative agriculture emphasizes taking supportive measures for the local product
Yesterday at 4:37 am by Rocky
» An economist calls on the government to support and stimulate the private sector
Yesterday at 4:36 am by Rocky
» Al-Ittihad: Employees and retirees in Kurdistan paid the price of political differences with Baghdad
Yesterday at 4:34 am by Rocky
» Al-Samarrai and Al-Hakim discuss the importance of achieving political and constitutional entitlemen
Yesterday at 4:32 am by Rocky
» Only 23 million dunums. Iraq exploits approximately 50% of its arable land
Yesterday at 4:30 am by Rocky
» Türkiye considers it a political issue.. Where have the negotiations reached regarding Iraq’s water
Yesterday at 4:29 am by Rocky
» Sudanese receives an invitation to attend the Nuclear Energy Summit in Brussels - Urgent
Yesterday at 4:27 am by Rocky
» Central Bank sales exceed $240 million today
Sun 17 Mar 2024, 6:52 am by Rocky
» Parliamentary Finance calls on the government to expedite sending the 2024 budget to Parliament
Sun 17 Mar 2024, 6:47 am by Rocky
» ‘We’re So Sick of It’: Northern Border Crisis Gets Worse
Sun 17 Mar 2024, 6:35 am by Bama Diva
» A representative holds Kurdistan responsible for the faltering legislation of the oil and gas law
Sun 17 Mar 2024, 5:27 am by Rocky
» Warnings of the danger of the increase in foreign labor in Iraq
Sun 17 Mar 2024, 5:26 am by Rocky
» Iraq's oil exports to America decreased within a week
Sun 17 Mar 2024, 5:25 am by Rocky
» Al-Sudani chairs an “important” meeting to form the Kirkuk government
Sun 17 Mar 2024, 5:23 am by Rocky
» Investment confirms the adoption of a new method in new residential cities and explains its details
Sun 17 Mar 2024, 5:21 am by Rocky
» For the first time in 2024.. exchange rates fall to the threshold of 149 thousand in Baghdad
Sun 17 Mar 2024, 5:19 am by Rocky
» Including gold.. An increase in exports of 3 Turkish products to Iraq during 2024
Sun 17 Mar 2024, 5:18 am by Rocky