Oil continues to fall in price in anticipation of the OPEC+ meeting, Brent is trading at about $84 per barrel
15:42 04.11.2021 3382
Oil prices of benchmark brands continue to fall, which will take place on Thursday, Interfax reports, citing MarketWatch.
Some countries in the agreement say they lack the capacity to increase oil production, so they «will not support calls for increased production,» Zaner said in a statement. Nevertheless, «Saudi Arabia and Iraq have real capacity to increase production», analysts say the company.
According to experts, OPEC+ members did not seem to be able to increase production to the maximum allowed limits in October.
«Despite growing pressure from the main oil-consuming countries – Japan, following the US and India, now also calls for increased production – OPEC+ has not shown any signs that they are ready to do this,» Karsten Fritsch, an analyst at Commerzbank said.
By 08:05 Moscow time, January Brent oil futures on the London ICE Futures market fell by $0.68 (0.8%) to $84.04 per barrel. On Tuesday, their price fell by $0.01 and amounted to $84.72 per barrel at the close.
WTI futures for December in electronic trading on the New York Mercantile Exchange (NYMEX) in the morning fell by $1.05 (1.25%) – to $82.86 per barrel. Following the results of the previous session, their price decreased by $0.14 (0.2%) and amounted to $83.91 per barrel.
Management «Marygazupjunchilik» provides reliable gas supply to consumers of the region
The gas workers of the production units of «Marygazupjunchilik» throughout the year regularly carry out activities to ensure uninterrupted supply of natural gas to the population of Mary region. High-quality preparation of economic gas enterprises contributes to the reliable operation of gas supply in the winter.
Foreign Ministers of Turkmenistan, India and Pakistan discussed the progress of the TAPI project
The implementation of the project for the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline was discussed on Monday in a telephone conversation between the Minister of Foreign Affairs of Turkmenistan Rashid Meredov and his counterparts from India Subramanyam Jaishankar and Pakistan Shah Mahmud Qureishi, the website of the Foreign Ministry of Turkmenistan reports.
At the end of 2021, Turkmenistan leads in the supply of aviation fuel to Georgia
Turkmenistan ranked first in the supply of aviation fuel to Georgia in 2021, Report informs citing the Union of Petroleum Products Importers of Georgia. Over the past year, 57.7 thousand tons of jet fuel were delivered from Turkmenistan to Georgia.
Gurbanguly Berdimuhamedov: Turkmenistan is ready to discuss increase of natural gas supplies to China
Turkmenistan is ready for a substantive discussion of the issues of increasing the volume of natural gas supplies to China, President of Turkmenistan Gurbanguly Berdimuhamedov said, speaking on Tuesday at an online summit on the occasion of the 30th anniversary of the establishment of diplomatic relations between the countries of Central Asia and China.
In the top of exchange trading – products of TCOR
26 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.