OPEC notes the upward trend in global oil demand
17:05 24.02.2023 8445
The Organization of the Petroleum Exporting Countries (OPEC) in its new monthly report revised upwards global oil demand for 2023. The forecast is based on market activity in January 2023.
OPEC forecasts oil demand to increase by 2.32 mb/d in 2023 to reach 101.87 mb/d, with some minor upward adjustments due to an expected improvement in China's performance following the reopening of the economy due to restrictions associated with COVID-19.
The price forecast report was prepared by OilPrice, one of the most popular news sites on oil and gas, alternative energy and geopolitics. The average oil price forecast until 2027 was $90.
The forecast is based on the results of surveys of 1000 energy professionals. The average of all Brent oil price predictions in 2023 is $87, with half of the professionals surveyed seeing the average price in the $80 to $95 range.
At the auction, products of the State Corporation “Turkmennebit” and “Turkmenchemistry” were sold for foreign currency
14 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Turkmenistan and Russia are not competitors in the field of gas supplies to China, - Russian Ambassador
Russia and Turkmenistan are not competitors in the field of gas supplies to China. This was stated by Russian Ambassador to Ashgabat Ivan Volynkin in an interview with TASS.
Trade turnover between Turkmenistan and China in the first half of the year increased by 12.3%
In the first six months of 2023, the trade turnover between Turkmenistan and China increased by 12.3% compared to the same period last year, amounting to about $5.55 billion, according to the General Administration of Customs of China.
The Presidents of Turkmenistan, Tajikistan and Uzbekistan will discuss the prospects for cooperation at the summit in Ashgabat
Today, August 4, a summit of the heads of state of Turkmenistan, Tajikistan and Uzbekistan will be held in Ashgabat. In the morning, President of Uzbekistan Shavkat Mirziyoyev and President of Tajikistan Emomali Rahmon arrived in the Turkmen capital, according to TDH.
The Ambassador of Turkmenistan to Belgium confirmed Ashgabat’s readiness to strengthen partnership with the EU in the field of energy
Ashgabat’s readiness to strengthen cooperation with the European Commission in the energy sector was announced by Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Belgium Sapar Palvanov at a meeting with President of the European Commission Ursula von der Leyen. This is reported by the website of the Foreign Ministry of Turkmenistan.