03/06/2025 – OPEC+ Group: agreement reached for a further reduction in production cuts, but pressures on the opposite sides are growing led by Saudi Arabia and Russia – Read more news
GAS & POWER: Maintenance work continues at the Norwegian fields, with exports still limited to less than 300 million cubic metres/day. Interruptions that are expected to grow over the next few days, and will find pause only after the first week of July
OIL: The OPEC+ group agreed to a further relaxation of production cuts of 411,000 barrels/day at its meeting on Sunday, 1 June. More difficult to reach an agreement than in previous meetings, with pressure from Saudi Arabia to further ease quotas, contrasted by Russia’s opposing willingness to pause the mechanism
OIL: The OPEC+ group agreed to a further relaxation of production cuts of 411,000 barrels/day at its meeting on Sunday, 1 June. More difficult to reach an agreement than in previous meetings, with pressure from Saudi Arabia to further ease quotas, contrasted by Russia’s opposing willingness to pause the mechanism
