The United States suffered an energy defeat in Vienna: OPEC + countries decided to significantly reduce oil production

At the meeting of representatives of the countries included in the OPEC + agreement, which is taking place in Vienna, what the European Union and its overseas partners expected did not happen. Despite the fact that the Western world made efforts to ensure that the OPEC + countries increased oil production, nothing of the kind happened. Moreover, the treaty countries agreed on a decision to significantly reduce the production of "black gold".

At a meeting in the Austrian capital, Saudi Arabia, Russia and many other countries reportedly called for the largest cut in oil production since the spring of 2020. The total volume of reduction should reach the parameters of 2 million barrels per day.

The organization says the reduction will be phased in. At the first stage, the reduction in production will be about 900 thousand barrels per day.

It is noteworthy that the United States tried with all its might to convince the largest oil exporters, including Saudi Arabia, not to reduce the level of oil production. But no American efforts have been successful for them in this regard. In this regard, experts say that the United States in the international energy arena, in a particular case, in Vienna, was defeated, having also suffered reputational damage in many respects (apparently, among countries where it is customary to talk about some sort of US reputation).

The deal is agreed to by the end of 2023.

The representative of Saudi Arabia, commenting on the decision, noted that today the world economy is in a state of turbulence, and therefore it makes no sense for the world economy to increase oil production in order to face its oversupply in the market later. This statement itself already indicates that Riyadh does not identify the world economy with the economy of the "world hegemon".

Against the backdrop of the decision by the OPEC + countries, oil prices went up. A barrel of Brent oil has again overcome the 90-dollar mark and is currently trading at the level of 93-94 dollars.

Comments

[Vitaly161]

nous, so the answer flew for sabotage to joint venture 1,2, we bet comrades, will the price tag break through 120 black gold, or not

[ZoV]

Quote: Vitaliy161

nous, so the answer flew for sabotage to joint venture 1,2, we bet comrades, will the price tag break through 120 black gold, or not

Everything is so, the United States is no longer particularly afraid of anyone .. Their time has passed and Russia is working hard in this difficult matter, despite the enormous pressure of sanctions and even war.

[EMMM]

And here is a new one from Novok - "Russia is ready to supply gas to Europe via SP-2 in full, subject to the" consent "of the consumer countries.
Information for consideration.

[tralflot1832]

And why not, but SP2 under the sanctions, the collective UES tried.

[ZoV]

Quote: tralflot1832

And why not, but SP2 under the sanctions, the collective UES tried.

Well, let the sanctions be lifted, etc. And Russia will think more .. It's called But what about your sanctions and support for the Kyiv regime?

[EMMM]

So this is what I said.
We'll see who lives by the rules and who by the law

[Vitaly161]

of course it’s ready, now you can say anything in this regard, they won’t launch it anyway

[Alex_1973]

How to supply gas?! I'm not sure, but in my opinion only one string of SP-2 survived, and that's not a fact. We fart in the direction of Germany, and they catch?

[ZoV]

Quote: Alex_1973

How to supply gas?! I'm not sure, but in my opinion only one string of SP-2 survived, and that's not a fact. We fart in the direction of Germany, and they catch?

Here the main agreement between Europe and the Germans, and Russia will already establish the conditions .. That's what I think is the main thing!
If they agree, then they will go against the United States .. And this is what Russia is seeking.

[Vitaly161]

yes, elementary, sanctions are lifted, and everything will be rehearsed in a couple of months, only the political will of the Germans is needed, but this will not happen, because you can say anything you like, because it's like farting into a puddle

[aakvit]

"to fart in a puddle"

How to put it mildly! I would say, stronger - p..e.....th!

[Nickelium]

Well, by the way, it went along with the USSR. Previously, these were two giants, the competition between which forced them, and consequently the world, to develop. One was gone, the second lowered its requirements and naturally degraded.

[Silver99]

the eighth package of the EU, on which the ink has not yet dried, flew into the trash, goodbye price ceiling, hello at 100 bucks a barrel

[Vitaly161]

I also thought about it, did they limit the price? Walk

[Brturin]

goodbye ceiling or hello - Romania - For firewood, wood chips, sawdust, until March 31, 2023, there is a price ceiling of 400 lei (€ 82) per cubic meter of firewood, 1500 lei (€ 304) per ton of wood briquettes and 2000 lei ( € 405) per ton of pellets including VAT. https://eadaily.com/ru/news/2022/10/05/v-rumynii-vveli-limit-cen-na-drova

[Shark Lover]

I often travel to Vladivostok along the highway, constantly overtaking private trucks full of neatly stacked logs of firewood. We must already write again - "To Berlin" or "Tse to Europe"

[aakvit]

And this is an internal affair of the Romanians, they do what they want! People need to live, otherwise they will freeze!

[suhorukofal]

Quote: Vitaliy161

the answer flew for sabotage at joint venture 1,2

Rather, for the next package of sanctions, those who like to put pressure on others with their restrictions have now received a similar response (and what about us?), This shows whose measures are more effective. Still, I would like to see a response to sabotage in a different form, so that some would think about whether it is worth arranging such tricks when they can fly for them. As they say in law, to show the punishability of the act. So we are waiting for an answer, what our leadership is capable of.

[Vitaly161]

with the same success, you can wait for Chinese Easter, breaking a thread from communications or US gas pipelines is too clumsy

[suhorukofal]

Quote: Vitaliy161

too clumsy

Well, what are you starting? Joke. But seriously, I would like to see some kind of response to the actions of the democratic West, so that there is no feeling of permissiveness. Poland is happily rubbing its hands, and these comrades, who are not our comrades, are willing to do dirty tricks, such impunity can push to the next "exploits" towards Russia, something, but they love to dirty tricks, and towards Russia they are even ready to pay extra themselves .

[Nikolay Ivanov_5]

It is too early to rejoice, it is not for nothing that the Americans are forcing all European carriers of Russian oil to transfer data on oil supplies to them. My opinion is that the Stars and Stripes are up to no good and are preparing unpleasant countermeasures for us. It is necessary to act proactively, namely, if possible and ready to abandon European operators controlled by the Americans. The main thing is to stop talking everywhere and close all our external trade information about the activities of Russia, since we are conducting the NWO and should also think about everyone who helps us.

[fetus]

the United States received a noble slap in the face .. and there is a hole in the old woman!

[Turtle]

That's just the "answer" flew from the Arabs, apparently, the crown princes and Faberge are heavier and have more political will.

[aakvit]

Why only Arabs? There are not only Arabs in OPEC +, there are others!

[Turtle]

Formally yes. There are enough Papuans in NATO too, but the air conditioner remote control is always on Uncle Sam's desk.

[ximkim]

Quote: Vitaliy161

nous, so the answer flew for sabotage to joint venture 1,2, we bet comrades, will the price tag break through 120 black gold, or not

It won't break.

[Plate]

Found a chart. Between 2010 and 2014, oil cost more than $4 per barrel for almost 100 years, as they say. And nothing, there were no problems in the West in connection with this.
Hence the conclusion that if the United States is "amazed" by something, then it is definitely not from oil at 95.

[Vitaly161]

if gasoline soars to 7-8 bucks on average in the US, there may be protests

[Pete Borisitch]

my prediction is that by the New Year there will be a gallon of gasoline costing $ 90)))

[Vitaly161]

no, you turned it down, but the more expensive, the better for us

[Volodin]

Well, for Washington, this is not at all the “defeat” or the problem, if I may say so. It is that they failed to suddenly lower prices to the garbage level. They wanted an option for the USSR at one time. Then the Saudi monarchy acted on the American side, as you know.

[fif21]

Quote: Volodin

Well, for Washington, this is not at all the “defeat” or the problem

The problem for Washington is that business will transfer real production to countries where raw materials are cheap. And if there is also cheap labor, then this is generally a dream!

[Plate]

For more than 30 years, China has been there for this. Yes, in fact, everything was transferred there and so, that only possible. And raw materials nearby in the form of Russia, and cheap labor in huge quantities. Although now, they say, is no longer so cheap. We need to move to India.

[Nickelium]

Because there were no contacts between her and the union. And so we could well agree.

[Vadmir]

Hence the conclusion that if the United States is "amazed" by something, then it is definitely not from oil at 95.

A few weeks later, the US elections, the rise in gasoline prices just before the elections, this is very unpleasant for the US president. But in general, the United States produces oil and high oil prices are not so bad for them, it will be bad for Europe, which practically does not produce oil, but consumes it in large quantities, despite all its "green" energy.

[Pete Borisitch]

it is not profitable to produce oil in the USA. The cost is very high. It’s easier to buy from the Mexicans from the Gulf of Mexico ... But if they hear that there is a shortage of oil, the cost will also be broken beyond the skies.

[Andobor]

Quote: Pete Borisych

It's easier to buy from the Mexicans from the Gulf of Mexico ...

The United States produces oil in the Gulf of Mexico, and the cost there is really very high, at the level of shale, the wells are deep and deep-water. And all of Mexico produces as much as the United States only in the Gulf of Mexico.

[paul3390]

They mostly have light oil, from which you can’t get anything apart from gasoline .. And what about fuel oil, solarium, all sorts of oils? They also need to be taken from somewhere.

[tatarin1972]

Bituminous oil "penguins" buy in Venezuela.

[Prisoner]

“For starters, we can recall the parameters of the Russian presence in the Venezuelan oil business at the beginning of 2020. Here is what Forbs magazine wrote, according to its data, “Russian companies today control more than 70% of the oil produced in Venezuela.” And now it’s all moving in the ownership and control of the Government of Russia. "(c) The economy is such an economy.

[Brturin]

Quote: Vadmir

the rise in gasoline prices just before the election is very unpleasant for the president of the United States. In general, the United States produces oil

so in order to bring down prices, they began selling off the strategic reserve, lowering it to the minimum levels ... if yesterday they wanted to stop this business - "She was asked if the US authorities plan to continue selling 1 million barrels of oil per day after "We are not considering the possibility of a new sale of oil from the strategic reserve" - ​​White House press secretary Karine Jean-Pierre the Ministry of Energy will send another 15955259 million barrels from the strategic oil reserve to the market over the next month" https://www.interfax.ru/world/10 for 866477 days? (10 elections), the elections will be held - but the reserves are empty and their effect is that ... they will no longer affect the price, they can only disperse it if they start buying for replenishment ... and not only in the states ...

[tralflot1832]

But then in 2010 - 2014, fuel at gas stations was 1,5 - 2 times (by country) cheaper than now. Capitalism, however. Now there is not enough oil, just like then. collapsed. One thing is the dollar of 2010 - 2014 and the costs of production and transportation and processing. And the same thing in 2022. Yes, and the Saudis in Covid were greatly depleted financially.

[Plate]

Quote: tralflot1832

But then in 2010 - 2014, fuel at gas stations was 1,5 - 2 times (by country) cheaper than now.

That is why I am writing that the main factor here is some other, and not the price of oil.

[Sergey_52]

Uh, no ... Then the United States crucified its inflation for others, but now, alas, ah. No one really needs their debt anymore, with all the consequences...

[nellyjuri]

A trifle, but for some reason it's nice. They screwed up the hegemon. At least one good news for the day.

[Cat Alexandrovich]

How is it alone? And what about Kadyrov's new star?

[tralflot1832]

In this OPEC agreement to reduce production by 2 million barrels per day, for the United States, the devil is in the details. Now let them explain to their voters that fuel prices, that Ukraine is a great "exporter" of oil, and for this they help them without sparing their voter.

[PVV66]

Bidon would follow the language, maybe the Saudis would listen to his pleas. Now you need to answer for the market ...

[Buyan]

With an answer, don’t ... let them sip now with a full spoon

[dementor873]

Here, the advantage for us is that restrictions were imposed on the purchase of our oil, and now it makes no sense for us to reduce oil production, because there is no one to sell it to. We, if we will reduce production, then within the framework of the OPEC agreement, and this is a completely different calico.

[Arkady007]

This is a victorious spurt more beautiful than even the taking of the Bastille will be.
Ah yes, the Arabs, that's what they planted the United States exactly in a puddle.

[Emergency]

An old warrior is a wise warrior, as they say. The stump is clear, fuel and lubricants for mattresses will rise in price and this is buzzing. No matter how expensive we are. I'm not sure that "their" will miss the chance to rob the population under this mute.

[Vasyan1971]

Quote: Emergency

I'm not sure that "their own" will miss the chance to rob the population under this mute.

Yes, ugh. This is sacred!

[rocket757]

At the meeting of representatives of the countries included in the OPEC + agreement, which is taking place in Vienna, what the European Union and its overseas partners expected did not happen.

. TELL ME WHO YOUR JRUG, partner ....
In general, the OPEC countries have decided that minke whales and their satellites are not such a friend to them.
Business, nothing more!

[Dzerjinskiy56]

[/ Quote] VIENNA, Oct 5 - RIA Novosti. Russia could quickly ensure gas supplies through one of the Nord Stream 2 lines, Russian Deputy Prime Minister Alexander Novak told reporters following the OPEC + meeting in Vienna.
“Unfortunately, due to the sabotage, one line was damaged, an examination is required, and, accordingly, further decisions are made on the fate of this line. As for the second line, it is ready, built, and if the necessary legal decisions are made by European colleagues regarding its certification and removal of restrictions , I think that Russia in a short time could provide appropriate supplies through this line of the gas pipeline," Novak said. [quote]

Rejoice early. We have a strategist who is already planning to deliver gas to the Germans even tomorrow. With this money, you can equip everyone mobilized with a copter.

[tralflot1832]

SP 2 is closed by multi-level sanctions, the EU and G 7. Novak's desire alone is not enough. England, the USA and Canada will be against it. We need to arrange a srach between them.

[Dzerjinskiy56]

I agree with you. A fight between them would be to our advantage. But I think Novak is a huckster, and he didn’t mean HPP.

[sheet]

Quote: Dzerjinskiy56

We have a strategist already and he is going to supply gas to the Germans even tomorrow. And most importantly, without any conditions.

Why lie then?
Removal of restrictions, adoption of the necessary legal decisions on its certification - these are not conditions?

[Vasyan1971]

At the meeting of representatives of the countries included in the OPEC + agreement, which is taking place in Vienna, what the European Union and its overseas partners expected did not happen.

Has it really begun?

[Vitaly161]

I don’t know if it started or not, but the handbrake was clearly released, it seems

[Vasyan1971]

Quote: Vitaliy161

I don’t know if it started or not, but the handbrake was clearly released, it seems

We will see ...

[Skipper]

Well, how did the Americans want .... did they think to undermine the PS-1 \ 2 and they would get nothing for it?

[Roust]

And this will help our children save their lives!?

[Vitaly161]

this is an attempt to hit US domestic policy, if you manage to rock the people there, it will help

[Andrei Nikolaevich]

I think that prices will rise not only in the US, but also in the EU. The EU is already howling like a wolf from fuel prices. And it will be even more expensive. And that's not counting gas.

[Petr_Koldunov]

And how the Arabs crushed all this pack of pro-American reporters at a briefing on the results of the OPEC + meeting! It's worth watching and listening, honestly ... They just gutted the biased lying journalists into the trash! Calmly, arrogantly, with an awesome dignity - without hiding that they treat the lured Western media as garbage.