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[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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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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» 9/29/23 Militia Man & Crew Iraq Dinar - International Contracts - Global - Natural - Wealth get rea
» The House of Representatives holds its session headed by Al-Halbousi
» The House of Representatives votes to add two items to its agenda
» Central Bank: The dollar price has nothing to do with filling the budget deficit
» Al-Sudani: True security is when we provide services to citizens
» The Central Bank intends to adopt four currencies instead of the dollar for external transfer
» Government determination to limit the rise in housing unit prices
» Deputy Prime Minister: Emphasizes the digitization of the banking system in Iraq
» Next Sunday, training for applicants for the “Riyadah” initiative will begin.
» Central Bank Governor: We are working to ban dealing in the dollar internally
» Al-Rafidain and Al-Rashid begin distributing pensioners' salaries for the month of August
» Al-Rafidain launches financial loans of up to 150 million dinars to employees and citizens
» The Region's Finance issues a schedule of salaries for its ministry's employees
» Parliamentary law discusses a number of draft laws
» The Central Bank is considering adopting the currencies of India, the Emirates, and Turkey for forei
» Al-Sudani: The scourge of drugs is no less dangerous than the challenges of ISIS terrorism
» Newspaper: The Pentagon Hospital in Germany treats American mercenaries who were wounded in Ukraine
» A study predicts the formation of a new supercontinent that will destroy humanity
» Al-Maliki's coalition: The Hamdaniya tragedy took the course of an electoral struggle between these
» Former Minister: The Khor Abdullah Agreement is a thing of the past and Baghdad must find a new form
» Including oil and gas.. A parliamentarian reveals the main reason behind not approving important law
» Trade determines a factor that contributes to controlling the prices of bread and ham
» With broad international participation...the second forum of the Islamic Organization for Food Secur
» Deputy Director of the Prime Minister's Office reviews the completion of the Sinbad Road and Atomic
» More than $777 million in sales from the Central Bank of Iraq last week
» Anticipation of a US decision against Türkiye requiring it to pay $602 million to Iraq
» "The Sleeping City"... the story of 10,000 workers whose livelihoods are under piles of scrap in eas
» Washington steps in and wants to resume exporting Kurdistan oil through Türkiye
» With hopes of approving the oil and gas law.. a “Turkish line” disturbs the relationship between Bag
» People of Al-Hamdaniya: ISIS failed to kill us, but political corruption succeeded in doing so
» After luring them... blackmailers were arrested in Baghdad
» The Minister of Electricity announces the complete completion of the connection with Jordan
» The Central Bank reveals a direction regarding the dollar: prohibiting dealing in it internally
» President Bafel Talabani recommends that the Union Bloc leave the conference and go to the voting se
» Deputy: Evaluation of federal government ministers takes place on a daily basis
» Between quality or not... A French report reveals new details about Baghdad's service projects
» Iraq Calls On Iran To Participate In Investment Projects To Establish Industrial And Free Zones Betw
» Economist: Double-digit inflation in Iraq, measured by real estate
» New details revealed regarding the “satellite Internet” project in Iraq
» The Dollar Is At The Forefront.. The Governor Of The Central Bank Opens The Thorny Files
» Iraq is facing drought by digging hundreds of wells to benefit from groundwater
» Integrity: Life imprisonment for the official of the strong cash register in the Real Estate Bank in
» Mr. Al-Hakim: The presence of governorate councils guarantees the representation of everyone and the
» The Netherlands sends dozens of soldiers and helicopters to Iraq
» Al-Alaq: The Central Bank is working to ban dealing in the dollar internally, and the electronic pla
» Minister of Immigration: We trust the government and its Sudanese president to preserve the unity of
» Frame: Ankara carried out more than 27 raids on the north during this September
» Parliament: Evaluation of Sudanese government ministers takes place on a daily basis
» Chambers of Commerce: The parallel market for the dollar will reach record levels
» Arrest of a group specialized in stealing electrical cables east of Fallujah
» The Central Bank announces that the rate of trade use of the dollar platform has increased by 95%
» Deputy: The central and southern regions are almost turning into a barren desert due to drought
» Minister of Immigration: Political parties are trying to exploit the Hamdaniyah tragedy in a disgust
» Al-Sudani supervises the opening of 146 schools and the rehabilitation of 1,009 schools in Iraq
» Iraq is the third largest importer from Turkey during the month of August, with a value of one billi
» The Governor of the Central Bank talks about 9 files, most notably the exchange rate and inflation
» Iraq is the second largest exporter of crude oil to India during September
» The judiciary clarifies the truth of the lawsuit filed against the religious authority Al-Sistani
» India prefers Iraqi oil over Saudi oil for this reason..
» Sudanese to Parliament soon.. A representative announces the completion of the procedures for interr
» Exchange rates rise again in Baghdad... 157 thousand for every 100 dollars
» Kurdistan's salary crisis "strikes" the balance of the quality of education...a continuous migration
» Interior Ministry: 90% of our facilities violate safety requirements and we cannot close them
» “Jubair Al-Jubouri” was brought in on charges of spending more than half a billion dinars in violati
» It includes 5 million seedlings.. Baghdad Municipality announces a plan to develop more than 100 new
» A threat raids flights in the skies of Iraq
» President Bafel Talabani recommends that the Union Bloc leave the conference and go to the voting se
» American report: Washington views Baghdad as a “contradictory partner” and “implicit enemy”
» The dollar continues to rise.. Learn about the exchange rates in Iraqi markets
» The countries that import Turkish goods the most during the month of August.. This is Iraq’s rank
» Reinforcing the Iraqi Dinar: A Shift in Iraq’s Monetary Policy
» Former MP: There is no “veto” on Iraq’s possession of air defense systems
» Financial waste by equipping an inoperative firefighting system worth $350,000 for the Oil Explorati
» UNHCR to Al-Furat News: There was no malfunction in the second simulation and things are going accor
» Commerce reveals the rates of completion of the electronic card modernization
» The plan details the most prominent aspects of government support to provide housing for poor famili
» 5 counterfeiters were overthrown at Baghdad International Airport
» Extension of application to central admission after the results of the second round
» With hopes of approving the oil and gas law.. a “Turkish line” disturbs the relationship between Bag
» Integrity monitors waste of public money and violations in oil company contracts in Basra
» Karbala refinery begins actual production
» The water issue with Tehran and Ankara has been resolved “half-way.” Do political problems hinder te
» “Al-Mawazi” ignores the government’s threat and rises above 155,000...evening dollar list - Urgent
» Integrity attacks Samarra Electricity employees. Find out their charges
» Sitting at home or working without pay...the US government shutdown gives employees a choice
» The Popular Mobilization Forces: We cut off all the “corridors of evil” between two governorates.. I
» Parliamentary Security shows ways to combat drugs in Iraq... 3 priorities
» The designer of the most powerful space rocket in the world dies
» Monitoring waste of public money and violations in oil company contracts in Basra
» America worsens the Ukraine war and agrees to additional aid to Kiev
» Launching the nomination form for the “Youth Ambassadors” program...these are its details
» The electricity delegation arrives in Saudi Arabia
» To support the national product...a parliamentary call to operate idle factories
» Fake projects: 9 billion dinars wasted from Dhi Qar Governorate’s reconstruction funds
» American magazine: The Ukraine war is not like Iraq, and the contradiction between them is greater
» Putin assigns a former Wagner commander to a "mission" in Ukraine
» Freeing a kidnapped foreign national and arresting her kidnappers in Baghdad
» Fourth for Kurdistan.. The House of Representatives meets tomorrow to vote on Halabja, Governorate N