23/05/2025 – OPEC+ Group: consensus for a new production cut of 400,000 barrels/day from 1 July – Read the other news
GAS & POWER: According to informed sources, the Egyptian government is reportedly looking for a substantial number of LNG cargoes in the coming months, between 40 and 60, in order to cope with the continuing growth in domestic demand, and the concomitant reduction in production capacity. In the summer of last year, just under 30 spot vessels arrived on Egyptian shores
OIL: Crude oil prices are on the verge of closing their first negative week since last April, put under pressure firstly by an unexpected increase in US crude oil stocks, and then by the possible new relaxation of production cuts discussed by the OPEC+
OIL: Crude oil prices are on the verge of closing their first negative week since last April, put under pressure firstly by an unexpected increase in US crude oil stocks, and then by the possible new relaxation of production cuts discussed by the OPEC+
