This month’s OPEC meeting has drawn attention because it is the first in which Prince Abdulaziz bin Salman, a half brother of Crown Prince Mohammed bin Salman, was in charge of Saudi energy 05 Mar 2020 | The 178 th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 5 March 2020, under the Chairmanship of its President, HE Mohamed Arkab, Minister of Energy of Algeria and Head of its Delegation. A man makes a phone call outside the OPEC headquarters during the 177th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on December 6, 2019. 2020. But Khoman OPEC meeting concludes Russian Energy Minister Alexander Novak said that the steeper cuts would extend through the first quarter of 2020 and would only be implemented if each member complies "We expect OPEC to continue cutting production for 2020," he said. OPEC and its allies agreed in December 2019 to cut supply by an additional 500,000 barrels per day until its next meeting in FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquarters ahead of the OPEC and NON-OPEC meeting, Austria December 6, 2019.
Full OPEC Meeting Schedule for 2020. When participating in trading on the financial markets, it is always important to keep an eye on the economic calendars so that you are aware of important upcoming news releases and key events occurring in the financial world. The 18 th Meeting of JMMC will be held during the first week of March 2020 in Vienna, Austria, with an OPEC and non-OPEC Ministerial Meeting on the 6 March 2020. The Meeting decided that an OPEC and non-OPEC Ministerial Meeting also will convene in Vienna, Austria, on 10 June 2020. The Conference confirmed that its next Ordinary Meeting will convene in Vienna, Austria, on 9 June 2020, and noted that September 2020 will mark the 60 Year Anniversary since the founding of OPEC in Baghdad in 1960.
Some OPEC ministers, concerned that a slowing economy could hurt demand, had called for a deal that would last until June or December 2020. At their last meeting in July, OPEC and partners agreed OPEC ministers gathered in an effort to bridge a divide between Saudi Arabia and Russia over whether they should deepen oil-production cuts to offset the huge demand hit from the coronavirus epidemic. This month’s OPEC meeting has drawn attention because it is the first in which Prince Abdulaziz bin Salman, a half brother of Crown Prince Mohammed bin Salman, was in charge of Saudi energy 05 Mar 2020 | The 178 th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 5 March 2020, under the Chairmanship of its President, HE Mohamed Arkab, Minister of Energy of Algeria and Head of its Delegation. A man makes a phone call outside the OPEC headquarters during the 177th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on December 6, 2019. 2020. But Khoman OPEC meeting concludes Russian Energy Minister Alexander Novak said that the steeper cuts would extend through the first quarter of 2020 and would only be implemented if each member complies "We expect OPEC to continue cutting production for 2020," he said. OPEC and its allies agreed in December 2019 to cut supply by an additional 500,000 barrels per day until its next meeting in
13 Dec 2019 Global oil markets still face a surplus next year even if OPEC and its reductions announced at the close of the OPEC meeting on Dec. 6. 6 Dec 2019 When news broke Dec 5 that the group (called OPEC+) had decided would be accompanied by an extension, possibly to December 2020. That same feeling was articulated by Saudi Arabia before the meeting took place. 5 March 2020: 178th (Extraordinary) Meeting of the OPEC Conference. Vienna, Austria: 6 March 2020. 8th OPEC and non-OPEC Ministerial Meeting: Vienna, Austria: 9 June 2020: 179th Meeting of the OPEC Conference: Vienna, Austria: 10 June 2020: 9th OPEC and non-OPEC Ministerial Meeting: Vienna, Austria A man makes a phone call outside the OPEC headquarters during the 177th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on December 6, 2019. OPEC Heads of Delegation hold further consultations. In view of market developments and following OPEC’s 178th Extraordinary meeting today, the Heads of Delegation of the OPEC Conference held further consultations and decided to recommend extending the duration of the proposed 1.5 million barrel per day additional adjustment until the end of 2020, instead of 30th of June 2020. Full OPEC Meeting Schedule for 2020. When participating in trading on the financial markets, it is always important to keep an eye on the economic calendars so that you are aware of important upcoming news releases and key events occurring in the financial world. The 18 th Meeting of JMMC will be held during the first week of March 2020 in Vienna, Austria, with an OPEC and non-OPEC Ministerial Meeting on the 6 March 2020. The Meeting decided that an OPEC and non-OPEC Ministerial Meeting also will convene in Vienna, Austria, on 10 June 2020.
OPEC and non-OPEC allies have failed to agree on how much production to Published Fri, Mar 6 20203:27 AM EST Updated Fri, Mar 6 202012:12 PM EST Analysts had viewed the meeting between OPEC members and non-OPEC producers, It was extended last December, and the alliance agreed to curb oil output 11 Dec 2019 OPEC on Wednesday pointed to a small deficit in the oil market next year of the OPEC and NON-OPEC meeting, Austria December 6, 2019. 2 Mar 2020 OPEC could deliver a 1.2 million barrels a day production cut at its meeting Countries (OPEC) meeting in Vienna, Austria, on December 6, 2019. production cuts from the second quarter of 2020 until the end of the year. 12 Feb 2020 OPEC and NON-OPEC meeting, Austria December 6, 2019. REUTERS/ Leonhard Foeger/File Photo. In a report, OPEC said 2020 demand The decision came after the 6th OPEC and non-OPEC Ministerial Meeting, December 2016, where the cartel and 11 non-OPEC oil producing countries for the 11 Mar 2020 6 OPEC meeting continue to ripple across the industry. will average 29.2 million b/d from April through December 2020, up from an average