US EditionWar in the Middle East: Repairs to Energy Installations Will "Take a Long Time", Warns Opep+
4 Articles
4 Articles
Some members of the Organization of Petroleum Exporting Countries also decided to increase oil production quotas from May onwards.
Europe is teetering on the brink of an energy shock that could easily last beyond the end of the armed conflict in the Middle East: damaged oil and gas infrastructure could hold back supply for months, while prices have already jumped sharply. According to Dan Jørgensen, the European Commission's energy commissioner, oil and gas prices have risen by 60-70 percent in a single month, adding €14 billion to the EU's fossil fuel import bill, pointing…
L的Op+ has also announced "implementing a production adjustment" of 206 000 bpj. The post Repairs of energy installations will "take a long time", alert the Opep+ appeared first on Les Affaires.
[Paris, Kyodo] Eight member countries of the Organization of the Petroleum Exporting Countries (OPEC+) expressed concern in a statement released on the 5th about attacks on energy facilities due to the worsening situation in the Middle East, and pointed out that full recovery would require significant costs and a long time.
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