The hottest survey shows that the OPEC production

2022-10-23
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The survey shows that the OPEC production reduction agreement may be difficult to delay, and Russia's crude oil production is expected to reach a new high

the survey shows that the OPEC production reduction agreement may be difficult to delay, and Russia's crude oil production is expected to reach a new high without large-scale stripping of paint layers

January 18, 2017

[China paint information]

foreign media on Tuesday (January 17, when purchasing chromatography will think of the day) the survey showed that after the expiration of the production reduction agreement at the end of June 2017, Russian crude oil production is expected to hit a new high in the second half of the year in the post Soviet era

the organization of Petroleum Exporting Countries (OPEC) and non OPEC oil producing countries, mainly Russia, reached a joint production reduction agreement last year, which plans to reduce the total production by nearly 1.8 million from January 1 this year. Is the top of the force measuring piston pressed against the barrel/day in the steel bowl, so as to stabilize the oil price? The production reduction agreement is valid for 6 months

Russia plans to reduce production by 200000 barrels per day in the first quarter of this year, but then complete a cumulative reduction of 300000 barrels per day in the second quarter. The target output level after the reduction is 10.947 million barrels per day. Russia's crude oil production in October last year was 11.247 million barrels per day

it is reported that Russia has reduced production by 100000 barrels per day since January

Russian crude oil production has been rising year by year since 1998, of which only a small decrease was recorded in 2008. The country's average daily crude oil production last year was 10.96 million barrels, up from 10.72 million barrels in 2015, as new oil fields were put into production

most market analysts believe that the OPEC production reduction agreement will not continue until the second half of this year, so Russian crude oil producers will push up production after the expiration of the production reduction agreement, so as to enjoy the rich returns brought by high oil prices

wood Mackenzie research analyst Christian boermel said that Russian crude oil production will resume its upward trend in the second half of 2017

he added: "by December this year, Russia's crude oil production will hit a record high, and the production will continue to rise in 2018."

the Russian energy minister recently predicted that the country's crude oil production will reach 5% in 2017 5.1 billion barrels, about 10000 barrels/day

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