meili 发表于 2022-10-18 21:47:06

国际英语资讯:OPEC, partners to extend production cut deal to end of 2020: UBS

<p><span word="NEW">NEW</span> <span word="YORK">YORK</span>, <span word="Jan">Jan</span>. 18-- <span word="Organization">Organization</span> <span word="of">of</span> <span word="the">the</span> <span word="Petroleum">Petroleum</span> <span word="Exporting">Exporting</span> <span word="Countries">Countries</span> (<span word="OPEC">OPEC</span>) <span word="and">and</span> <span word="its">its</span> <span word="partners">partners</span> <span word="including">including</span> <span word="Russia">Russia</span> <span word="and">and</span> <span word="others">others</span> <span word="are">are</span> <span word="expected">expected</span> <span word="to">to</span> <span word="further">further</span> <span word="extend">extend</span> <span word="production">production</span> <span word="cut">cut</span> <span word="until">until</span> <span word="the">the</span> <span word="end">end</span> <span word="of">of</span> 2020 <span word="from">from</span> <span word="the">the</span> <span word="end">end</span> <span word="of">of</span> <span word="March">March</span>, 2020, <span word="according">according</span> <span word="to">to</span> <span word="a">a</span> <span word="research">research</span> <span word="note">note</span> <span word="by">by</span> <span word="Swiss">Swiss</span> <span word="investment">investment</span> <span word="bank">bank</span> <span word="UBS">UBS</span> <span word="AG">AG</span> <span word="on">on</span> <span word="Friday">Friday</span>.</p><p><span word="Still">Still</span>, <span word="OPEC">OPEC</span> <span word="and">and</span> <span word="its">its</span> <span word="partners">partners</span> <span word="would">would</span> <span word="have">have</span> <span word="higher">higher</span> <span word="production">production</span> <span word="allowance">allowance</span> <span word="in">in</span> <span word="the">the</span> <span word="second">second</span> <span word="half">half</span> <span word="of">of</span> 2020, <span word="said">said</span> <span word="UBS">UBS</span> <span word="in">in</span> <span word="the">the</span> <span word="report">report</span>.</p><p><span word="Crude">Crude</span> <span word="oil">oil</span> <span word="output">output</span> <span word="from">from</span> <span word="OPEC">OPEC</span> <span word="would">would</span> <span word="dip">dip</span> <span word="to">to</span> 29.6 <span word="million">million</span> <span word="barrels">barrels</span> <span word="per">per</span> <span word="day">day</span> <span word="in">in</span> 2020, <span word="down">down</span> <span word="from">from</span> 30 <span word="million">million</span> <span word="barrels">barrels</span> <span word="per">per</span> <span word="day">day</span> <span word="in">in</span> <span word="the">the</span> <span word="previous">previous</span> <span word="year">year</span>, <span word="UBS">UBS</span> <span word="said">said</span>.</p><p><span word="Seasonally">Seasonally</span> <span word="weak">weak</span> <span word="demand">demand</span> <span word="and">and</span> <span word="vibrant">vibrant</span> <span word="supply">supply</span> <span word="growth">growth</span> <span word="from">from</span> <span word="non">non</span>-<span word="OPEC">OPEC</span> <span word="oil">oil</span> <span word="producing">producing</span> <span word="countries">countries</span> <span word="would">would</span> <span word="lead">lead</span> <span word="to">to</span> <span word="around">around</span> 600,000-<span word="barrels">barrels</span>/<span word="day">day</span> <span word="of">of</span> <span word="oversupply">oversupply</span> <span word="in">in</span> <span word="the">the</span> <span word="first">first</span> <span word="half">half</span> <span word="of">of</span> 2020, <span word="which">which</span> <span word="would">would</span> <span word="drive">drive</span> <span word="Brent">Brent</span> <span word="crude">crude</span> <span word="oil">oil</span> <span word="price">price</span> <span word="down">down</span> <span word="to">to</span> 60 <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span> <span word="per">per</span> <span word="barrel">barrel</span> <span word="in">in</span> <span word="the">the</span> <span word="period">period</span>, <span word="according">according</span> <span word="to">to</span> <span word="UBS">UBS</span>.</p><p><span word="However">However</span>, <span word="international">international</span> <span word="oil">oil</span> <span word="market">market</span> <span word="is">is</span> <span word="expected">expected</span> <span word="to">to</span> <span word="be">be</span> <span word="nearly">nearly</span> <span word="balanced">balanced</span> <span word="or">or</span> <span word="slightly">slightly</span> <span word="undersupplied">undersupplied</span> <span word="in">in</span> <span word="the">the</span> <span word="second">second</span> <span word="half">half</span> <span word="of">of</span> 2020 <span word="thanks">thanks</span> <span word="to">to</span> <span word="improving">improving</span> <span word="fundamentals">fundamentals</span>, <span word="UBS">UBS</span> <span word="said">said</span>.</p><p><span word="World">World</span>'<span word="s">s</span> <span word="oil">oil</span> <span word="demand">demand</span> <span word="would">would</span> <span word="increase">increase</span> <span word="by">by</span> 1 <span word="million">million</span> <span word="barrels">barrels</span> <span word="per">per</span> <span word="day">day</span> <span word="in">in</span> 2020 <span word="versus">versus</span> 900,000 <span word="barrels">barrels</span> <span word="per">per</span> <span word="day">day</span> <span word="in">in</span> 2019 <span word="with">with</span> <span word="demand">demand</span> <span word="growth">growth</span> <span word="to">to</span> <span word="be">be</span> <span word="entirely">entirely</span> <span word="driven">driven</span> <span word="by">by</span> <span word="emerging">emerging</span> <span word="markets">markets</span>, <span word="according">according</span> <span word="to">to</span> <span word="the">the</span> <span word="report">report</span>.</p><p><span word="In">In</span> <span word="December">December</span> 2019, <span word="OPEC">OPEC</span> <span word="and">and</span> <span word="its">its</span> <span word="partner">partner</span> <span word="agreed">agreed</span> <span word="to">to</span> <span word="deepen">deepen</span> <span word="production">production</span> <span word="cut">cut</span> <span word="by">by</span> 500,000 <span word="barrels">barrels</span> <span word="per">per</span> <span word="day">day</span> <span word="for">for</span> <span word="the">the</span> <span word="first">first</span> <span word="quarter">quarter</span> <span word="of">of</span> 2020 <span word="to">to</span> 1.7 <span word="million">million</span> <span word="barrels">barrels</span> <span word="per">per</span> <span word="day">day</span> <span word="with">with</span> <span word="Saudi">Saudi</span> <span word="Arabia">Arabia</span> <span word="committing">committing</span> <span word="to">to</span> <span word="another">another</span> 400,000-<span word="barrels">barrels</span>/<span word="day">day</span> <span word="of">of</span> <span word="conditional">conditional</span> <span word="voluntary">voluntary</span> <span word="production">production</span> <span word="cut">cut</span> <span word="for">for</span> <span word="the">the</span> <span word="quarter">quarter</span>.</p>
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