#OOTT | #IEA SEE RUSSIAN OIL OUTPUT SLUMPING BY A QUARTER NEXT MONTH: 3M B/D OF RUSSIA OIL OUTPUT POTENTIALLY SHUT IN FROM APRIL.
#RUSSIA
#RUSSIA
#OOTT | #IEA: EMERGENCY STOCKS RELEASED BY IEA MEMBER COUNTRIES WILL PROVIDE A WELCOME BUFFER. ALIGNMENT OF ENERGY SECURITY AND ECONOMIC FACTORS COULD ACCELERATE TRANSITION AWAY FROM OIL. IF IRAN DEAL REACHED, EXPORTS COULD RAMP UP BY AROUND 1 MLN BPD OVER A SIX-MONTH PERIOD.
#OOTT | #IEA: PROSPECTS OF ANY ADDITIONAL SUPPLIES FROM IRAN COULD BE MONTHS OFF. JANUARY OECD INDUSTRY STOCKS LOWEST SINCE APRIL 2014, COVERING 57.2 DAYS OF FORWARD DEMAND.
#OOTT | #IEA: SAUDI ARABIA AND UAE ARE SO FAR SHOWING NO WILLINGNESS TO TAP INTO THEIR RESERVES. OECD TOTAL INDUSTRY STOCKS FELL BY 22.1 MLN BARRELS IN JANUARY.
#OOTT | #IEA: CUT 2022 GROWTH FORECAST BY 950,000 BPD TO 2.1 MLN BPD FOR AVERAGE OF 99.7 MLN BPD. LOWER Q2-Q4 2022 FORECAST FOR WORLD OIL DEMAND BY 1.3 MLN BPD.
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