0 Persons are tagged with #opec

#opec

faab64@venera.social
Farhad

The United States and Israel stand on the verge of a direct attack on Iran, with the most far-reaching and catastrophic consequences for the Middle East and the whole world.

Using Iran’s attack on Israeli military infrastructure Tuesday as a pretext, the White House has effectively given Israel carte blanche to carry out an illegal attack against the second most populous country in the region (after Egypt).

“We’ll be discussing with the Israelis what they’re going to do, but all seven of us [referring to the G7 nations] agree that they have a right to respond,” Biden said Wednesday. Reuters commented in a news report, “[T]he US is not pressing Israel to refrain from retaliation.”

wsws.org/en/articles/2024/10/0…

#Gaza #Genocide #Iran #Syria #Iraq #Yemen #Iraq #Economy #WW3 #Russia #China #PersianGulf #Opec #Israel #Media @palestine group group @israel group group

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harryhaller@diasp.eu
harry

Disagreements over payments holds up key Iraq-Turkey oil pipeline restart: Iraq PM
Turkey shut down the pipeline in March 2023 after an arbitration court ordered it to pay Iraq $1.5bn (Tl45.23bn) in compensation.
(...)
the reduced supply has inadvertently helped Iraq adhere more closely to its OPEC+ production limits.
However, to meet its new target for January this year, Iraq will need to cut output by approximately 300,000 barrels per day.

Baghdad has requested Kurdistan to reduce its output to help Iraq comply with its OPEC+ limits, as reported by Argus.
January 18, 2024 — https://archive.is/fYnWe [offshore-technology.com]

Explainer: Why oil flows through the Iraq-Turkey pipeline have been halted
November 13, 2023 3:29 PM UTC — https://archive.is/cijN5 [reuters.com]

#oil #pipelines #turkey #kurdistan #iraq #opec

2 Likes
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deutschewelle@squeet.me
Deutsche Welle (inoffiziell)

OPEC überrascht mit Förderkürzung | DW | 05.06.2023

Die OPEC will weniger Öl fördern. Unter der Führung Saudi-Arabiens ist das bereits die zweite Kürzung seit April. Damit will das Ölkartell offenbar den Preis stabilisieren. Ob das gelingt, ist fraglich.#Erdöl #Opec #Förderung #Saudi-Arabien #Russland
OPEC überrascht mit Förderkürzung | DW | 05.06.2023

OPEC überrascht mit Förderkürzung | DW | 05.06.2023

Die OPEC will weniger Öl fördern. Unter der Führung Saudi-Arabiens ist das bereits die zweite Kürzung seit April. Damit will das Ölkartell offenbar den Preis stabilisieren. Ob das gelingt, ist fraglich.

faab64@diasp.org
Farhad A

A video on social media shows a Saudi prince, Saud al-Shaalan, commenting on the West's backlash against the Opec+ output cut announced last week and what he described as a “challenge to the existence of the kingdom”.

This is the "US strongest ally" in the region talking about Jihad against those who “challenge to the existence of the kingdom”

#SaudiArabia #Biden #Opec #Jihad #Politics #Oil
https://twitter.com/MiddleEastEye/status/1581782045214343175?s=20&t=BbQrcFG_aub9hDYQByQTtQ

2 Likes
deutschewelle@squeet.me
Deutsche Welle (inoffiziell)

Saudi-Arabien und das Erdöl: Abschied vom Westen? | DW | 11.10.2022

Nach dem OPEC-Beschluss zur Drosselung der Ölförderung scheint die Partnerschaft zwischen den USA und Saudi-Arabien in schwerer Krise, während Russland weiterhin mit Energie-Exporten seine Kriegskassen auffüllen kann#OPEC #OPEC #Saudi-Arabien #USA #JoeBiden #MohammedbinSalman #Erdölförderung #Russland #Ukraine #Menschenrechte
Saudi-Arabien und das Erdöl: Abschied vom Westen? | DW | 11.10.2022

Saudi-Arabien und das Erdöl: Abschied vom Westen? | DW | 11.10.2022

Nach dem OPEC-Beschluss zur Drosselung der Ölförderung scheint die Partnerschaft zwischen den USA und Saudi-Arabien in schwerer Krise, während Russland weiterhin mit Energie-Exporten seine Kriegskassen auffüllen kann

One person like that
faab64@diasp.org
Farhad A

#US Democrats rally against #SaudiArabia, #UAE after oil cuts

Riyadh defends decision to curb oil output, saying move aims to stabilise the oil market, not drive up prices.

Killing us citizens is fine, but damn you if you mess with "our" oil!

#opec #oilprices

https://www.aljazeera.com/news/2022/10/6/us-democrats-rally-against-saudi-arabia-uae-after-oil-cuts

US Democrats rally against Saudi Arabia, UAE after oil cuts

Riyadh defends decision to curb oil output, saying move aims to stabilise the oil market, not drive up prices.

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psych@diasp.org
Michael

Well, cumulatively this looks rather positive for Ukraine, rather perilous for the nuclear plant, and rather desperate for #Putin.
Though yes, it's multi-layered, complex &. dynamic. As the buzz is about oil prices, Saudi/ #OPEC policy, and #Ukraine.

Putin seizes Europe's largest nuclear plant, signs laws annexing Ukraine land; OPEC cuts oil production, helps Russia: Updates

I don't know how I ended up seeing this but the video is short, sweet & polished. I saw "USA Today" and thought it's from them, but it's from MSN, or some hybrid. Whatever, here's a fairly concise rundown of today's main stories (sans Walker/ #GQP/ #TrumpVirus)

Putin seizes Europe's largest nuclear plant, signs laws annexing Ukraine land; OPEC cuts oil production, helps Russia: Updates

Russia's announcement claiming the plant came hours after Putin signed laws annexing the Zaporizhzhia region.

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dredmorbius@joindiaspora.com
Doc Morbius (moved to Glasswings)

Analysis: U.S. wants more oil, but OPEC+ can't turn on the tap much harder

U.S. pressure on OPEC+ to pump more oil and cool red-hot crude prices has shone a spotlight on a relatively new problem for the producer group: it doesn't have much extra capacity to hike output faster, even if it wanted to.

The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, are unwinding record supply curbs made in 2020 when demand cratered, but not fast enough for Washington which is fretting about prices near three-year highs. ...

https://www.reuters.com/markets/europe/us-wants-more-oil-opec-cant-turn-tap-much-harder-2021-11-23/

#petroleum #oil #FuelPrices #OPEC #PeakOil

Analysis: U.S. wants more oil, but OPEC+ can't turn on the tap much harder

U.S. pressure on OPEC+ to pump more oil and cool red-hot crude prices has shone a spotlight on a relatively new problem for the producer group: it doesn't have much extra capacity to hike output faster, even if it wanted to.

7 Likes
5 Comments