opec

The 24th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Tuesday, 17 November 2020, 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. The Committee reviewed the …

Vienna, Austria, 17 November 2020 – The price of OPEC basket of thirteen crudes stood at $42.93 a barrel on Monday, compared with $42.05 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

Vienna, Austria, 16 November 2020 – The price of OPEC basket of thirteen crudes stood at $42.05 a barrel on Friday, compared with $42.97 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

Vienna, Austria, 13 November 2020 – The price of OPEC basket of thirteen crudes stood at $42.97 a barrel on Thursday, compared with $43.42 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

Vienna, Austria, 12 November 2020–The price of OPEC basket of thirteen crudes stood at $43.42 a barrel on Wednesday, compared with $41.72 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …

Crude Oil Price Movements The OPEC Reference Basket (ORB) fell by $1.46, or 3.5%, month-on-month (m-o-m), to average $40.08/b in October. Year-to-date (y-t-d), the ORB averaged $40.57/b, or $23.34 lower than the same period last year. Crude oil futures prices extended losses, with oil market sentiment continuing to be dominated …

Vienna, Austria, 11 November 2020–The price of OPEC basket of thirteen crudes stood at $41.72 a barrel on Tuesday, compared with $39.97 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …

For the nine months of 2020 LUKOIL Group’s average hydrocarbon production excluding the West Qurna-2 project was 2,065 kboe per day, which is 11.6% lower year-on-year. In the third quarter of 2020 hydrocarbon production was 1,885 kboe per day, which is 4.9% lower quarter-on-quarter. Production was reduced due to the …

Vienna, Austria, 10 November 2020–The price of OPEC basket of thirteen crudes stood at $39.97 a barrel on Monday, compared with $39.22 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …

Vienna, Austria, 9 November 2020–The price of OPEC basket of thirteen crudes stood at $39.22 a barrel on Friday, compared with $39.79 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …