OPEC notes the upward trend in global oil demand
17:05 24.02.2023 8881
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.
The President of Turkmenistan and the President of the European Commission expressed confidence in the successful holding of the Central Asia-EU Summit
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Commission Ursula von der Leyen on April 3.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.