What will be the impact of Opek s decision not to increase production?

Updated on society 2024-04-20
10 answers
  1. Anonymous users2024-02-08

    1 ton is about equal to 7 barrels, and if the oil is light (rare), 1 ton is about equal to a barrel or barrel.

    If you are interested, take a look at this branch training draft: Mengxiao is here.

  2. Anonymous users2024-02-07

    The regular transliteration should be OPEC.

    OPEC Profile; On 10 September 1960, representatives of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela met in Baghdad and decided to unite against Western oil companies and preserve oil revenues. On the 14th, the five countries announced the establishment of the Organization of Petroleum Exporting Countries, or "OPEC" for short. With the growth of its membership, OPEC has grown into an international oil organization with some of the major oil producers in Asia, Africa and Latin America.

    OPEC is headquartered in Vienna.

    The purpose of OPEC is to coordinate and unify the oil policies of its member countries and to determine the most appropriate means to safeguard their individual and common interests.

    The main bodies are: the General Assembly, which is the highest authority and is composed of a delegation led by the oil ministers of the member countries, which meets at least twice a year; The Council, composed of one member from each of the Member States, shall meet for a term of two years and shall meet at least twice a year and shall be responsible for the implementation of the resolutions of the General Conference and for the direction of the management of the organization; The Secretariat, under the guidance of the Council, presides over the day-to-day affairs of the Council. Within the Secretariat, there is a specialized agency——— the Economic Commission, which assists the organization in stabilizing international oil at a fair and reasonable level.

    There are 11 OPEC members: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Algeria, the United Arab Emirates, Qatar, Libya, Nigeria and Indonesia.

  3. Anonymous users2024-02-06

    The impact of the central bank's interest rate hike on the central bank is mainly based on three aspects: first, the inflation factor, as a means of macroeconomic control, controlling inflation risk is one of the main roles of the central bank's interest rate hike, and it is a natural tool to resist inflation, so the influx of funds into the market hedging and hedging is raised, so that the vibranium price is logical;

    Second, in terms of dollar linkage, since the Federal Reserve has said more than once that it will maintain a very low interest rate level in the coming period, and the interest rate hike of non-US currencies will undoubtedly increase the pressure on the US dollar interest rate differential, the attractiveness of US dollar assets will be reduced, so the ** that maintains a negative correlation with the US dollar will gain a favorable impetus in the process of dollar depreciation;

    In addition, the impact of interest rate hikes is the impact on the investment field, investors who invest in the ** or ** market, worried that the interest rate hike will hit the market, in order to avoid the upcoming risks, will choose to buy ** and so on *** for hedging.

  4. Anonymous users2024-02-05

    Upstairs is all right, but it's all about negative correlation, and it takes dialectical thinking to do it.

  5. Anonymous users2024-02-04

    Fundamental changes in supply and demand in the energy sector over the past few years. The Organization of the Petroleum Exporting Countries (OPEC), known at the time, was a group of oil producers concentrated mainly in the Persian Gulf, which successfully imposed an embargo on oil from its member countries from being shipped to most parts of the world. This happened after the outbreak of the Middle East war in 1973.

    Since then, "OPEC" has performed functions that benefit its member countries. It radically cuts oil production, and it does so effectively (remember, the only way to raise the bar is to cut production and sales). On January 1, 1973, OPEC set the oil price from Saudi Arabia** at $2,12 per barrel; By 1982, ** rose to 32 42 dollars per barrel.

  6. Anonymous users2024-02-03

    Alumni reunion"? Why do you want a "class reunion"? Why do you want to be classmates?

  7. Anonymous users2024-02-02

    First, it will affect the recovery of the world economy.

    Two: the impact of China's exports

  8. Anonymous users2024-02-01

    What new things will have no impact on related products, the key is that we just need to know how to deal with it China has a ban on motorcycles, but you see that Chongqing motorcycles are the main concentration of the country, and so is the Motorcycle Expo.

  9. Anonymous users2024-01-31

    I don't know what the European effect is, but what I do know is that there is definitely an impact, and as for whether it is a good influence or a bad influence, then you have to ride a donkey to read a record book--- and see!

  10. Anonymous users2024-01-30

    Recently, the international oil price has been continuously **. In order to stop oil prices**, OPEC recently decided to reduce oil production by 300,000 barrels per day.

    OPEC tightened the oil faucet, so that the international production decreased, that is, the supply decreased, and the international oil demand did not decrease, which made the dust rise. This is the inevitable result of economic supply and demand.

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