PS "This chapter is 6000 words, 10000 words are completed today, huhu...... It's so late again

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As a member of OPEC, if the OPEC Secretariat Secretary-General Adnan Shihab-Eldin is joked at the World Petroleum Congress, it means that everyone is ugly in the world, which is undoubtedly not what the OPEC bigwigs want to see. Neither Badri nor the Iranian representative were convinced, but they chose to keep their mouths shut.

It's really worrying that Adnan Shihab-Eldin, secretary general of the OPEC secretariat, sighed in his heart, how should the current matter be solved?

Not only did the Secretary General of the OPEC Secretariat, Adnan Shihab-Eldin, sigh in his heart, but after hearing the words of the Secretary General of the OPEC Secretariat, Adnan Shihab-Eldin, everyone also sighed in their hearts: yes, how should this problem be solved?

No matter how much trouble the members of OPEC may have, when it comes to the outside world, everyone must form a group and form a whole...... When people from the outside world look at OPEC, they will also see the members of OPEC as a whole, and if the members of OPEC are still engaged in infighting at this time, it will really be a joke.

It seems that the original statement for the World Petroleum Conference needs to be thrown into the trash. Adnan Shihab-Eldin, secretary general of the OPEC secretariat, sighed that there is only one way to reverse OPEC's unfavorable situation without finding this damn bastard: to raise the boost in global oil demand expectations.

However, Adnan Shihab-Eldin, secretary general of the OPEC secretariat, is not very sure how effective this approach will be, because the boost in global oil demand expectations is simply a palliative solution for the current situation.

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"OPEC will do its best to guarantee the global energy supply." This was the first sentence spoken by OPEC Secretariat Secretary-General Adnan Shihab-Eldin in his speech at the World Petroleum Congress.

Hearing these words from Adnan Shihab-Eldin, Secretary General of the OPEC Secretariat, the representatives of the countries and oil companies attending the World Petroleum Congress were stunned for a moment, and then applauded.

To tell the truth, the mysterious seller who has emerged in the international crude oil market for a while has interfered with the normal business activities of these oil giants and affected their profits

Those who disrupt order will always be hated by others, and those who intend to maintain order will be welcomed by those who benefit from this order, and Adnan Shihab-Eldin, secretary general of the OPEC secretariat, has played such a role, and his statement means that OPEC has officially assured everyone that OPEC will work hard to ensure that everyone has money to make, in short, OPEC will definitely arrest this bad element who disrupts order

Everyone is still willing to believe the assurances made by the Secretary General of the OPEC Secretariat, Adnan Shihab-Eldin, on behalf of OPEC, so what responded to Adnan Shihab-Eldin at this moment was a thunderous applause.

Hearing this thunderous applause, Adnan Shihab-Eldin, secretary general of the OPEC secretariat, quietly breathed a sigh of relief in his heart, and now he could finally take a little time off.

"This guy," Zhang Lan smiled when he heard the promised assurances of Adnan Shihab-Eldin, Secretary General of the OPEC Secretariat, "doesn't Adnan Shihab-Eldin know that in this world, some problems are simply unsolvable?" ”。

Yes, that's right, all of these mysterious low-priced, high-quality crude oils that have recently been released on the international crude oil market are all from the Alice Group, and the source of these oils is Iraq.

"It's hard for this old man, I wonder what the poor old man will do if he can't find us then?" Looking at Adnan Shihab-Eldin, the secretary general of the OPEC secretariat, who seemed to be full of confidence on the stage, and Jill, who came to the meeting with Zhang Lan, also smiled and shook his head.

Don't forget, Alice Group has already been involved in the energy and oil industries, so it's no surprise that it's no surprise that it's coming to the World Petroleum Congress. …,

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As if feeling that his speech at the World Petroleum Congress was not too safe, OPEC Secretariat Secretary-General Adnan Shihab-Eldin met with the Executive Director of the International Energy Agency (IEA) after the meeting. Van der Hooven held a joint press conference.

Zhang Lan and Jill changed their faces, standing in the crowd to see the secretary general of the OPEC secretariat, Adnan Shihab-Eldin, talking about the group there, and also taking this opportunity to explore the details of OPEC by the way.

"At a time when the global political and economic situation is unsatisfactory and energy consumers are skeptical about whether they can secure energy supplies, OPEC will take responsibility for ensuring energy supplies and prepare to respond to global demand for oil. He further pointed out that OPEC will actively study the energy reserves of member countries, monitor the energy market to ensure the balance between supply and demand, and in the event of a state of emergency, such as the suspension of supply in Libya, OPEC will strive to compensate for the shortage of energy supply around the world. ”

Adnan Shihab-Eldin, secretary general of the OPEC Secretariat, first pointed out that with a compassionate appearance, it seems that OPEC was established not to coordinate the interests of OPEC members, but to send money to everyone. As for the speech of the secretary general of the OPEC secretariat, Adnan Shihab-Eldin, there is no doubt that, in addition to the reporters, in the specially designated auditorium next to it, the audience, or the childcare hired by OPEC, all applauded enthusiastically.

Zhang Lan, a nursery child who was also qualified to sit there and applaud, couldn't help but yawn: This joint press conference is really boring...... Heh, it was too late last night, and I was a little sleepy, so why don't you take a nap first? Zhang Lan shook her head like a sleepy worm, and thought wildly in her heart, and after a while, this girl successfully entered her dream and played chess with Zhou Gong.

This guy saw Zhang Lan sleeping little by little, and Jill was full of helplessness. ……………………

"Okay, let's move on to the reporter's question time......," the news host said.

I don't know how long it has been, maybe half an hour, maybe only a few minutes, Zhang Lan, who had taken a nap, woke up and just heard the words of the news host.

Oh? Is it time for reporters to ask questions? Zhang Lan hurriedly wiped the saliva from the corners of her mouth, sat upright, and ignored the surprised eyes of the people in front of and behind her.

"Hello Mr. Adnan Shihab-Eldin, I'm a reporter from the BBC in the UK, may I ask, in the current situation of uncertain global economic trends, how do you see the future of oil prices and the future trend of oil prices?" A reporter from the British BBC asked first.

It seems that the secretary general of the OPEC secretariat, Mr. Adnan Shihab-Eldin, has a good relationship with the female journalist of the BBC. Zhang Lan's eyes flashed with obscenity.

Poor Mr. Adnan Shihab-Eldin, Secretary-General of the OPEC Secretariat, didn't know that at the scene of the joint press conference at this moment, there was a guy who would think about himself so much, so the poor Secretary-General of the OPEC Secretariat, Adnan Shihab-Eldin, just pondered for a while, and then answered confidently, "On the issue of oil prices, OPEC believes that the current global economic trend is unclear, and many problems are very thorny, such as debt, unemployment, inflation, etc. It is difficult to determine the future oil price, and the trend is also difficult to predict, because the international oil price is subject to the global economic situation, but because of the non-renewable and less and less characteristics of petroleum energy, it is determined that in the future for a period of time, although the international oil price will fluctuate, but the overall will rise, which will not change. ”

"In addition, I call on the EU not to ban Iranian oil exports, because this is a very, very bad signal;" Keeping this opportunity in mind, the Secretary General of the OPEC Secretariat, Adnan Shihab-Eldin, issued his own warning to the Western world, "The EU's ban on imports of Iranian oil will only make it more difficult for the EU to supply energy, since the EU currently imports about 865,000 barrels of oil per day from Iran." OPEC and all OPEC members hope that the Middle East will maintain stability in order to ensure global energy supply, and this is believed to be what all countries in the world want to see, and no one wants the price of international crude oil to fluctuate too drastically. ”

"Yes, I couldn't agree more with Adnan's words," said International Energy Agency Executive Director Maria. Van der Houfen took up the conversation and agreed with the words of OPEC Secretariat Secretary-General Adnan Shihab-Eldin, and stressed the importance of dialogue between energy producers and consumers to the reporters below, "The establishment of a good dialogue mechanism between energy producers and energy consumers will help to ensure the global energy supply, especially in the face of unstable world economic instability." ”…,

When talking about the question about the future trend of international oil prices asked by the BBC reporter just now, Maria . Van der Hoven said, "I personally believe that energy prices depend on the supply and demand of the world energy market, and the volatile situation in the Middle East will inevitably affect energy supply, so I very much agree with the words of Mr. Adnan Shihab-Eldin, Secretary General of the OPEC Secretariat, that the ban on Iran's oil exports is a very, very bad signal, and the International Energy Agency hopes that some countries will carefully consider this issue when making decisions to sanction Iran or ban oil imports from Iran......

It seems that as one of the members of OPEC, the Iranians have invested a lot of money this time? Heard by the Secretary General of the OPEC Secretariat, Adnan Shihab-Eldin, and the Executive Director of the World Energy Agency, Maria Lee. Van der Hofen's words, Zhang Lan thought in his heart, and expressed his sincere admiration for the Americans' intention to dare to wrestle with the Iranians while the Iraq war fell into a defeat and the Afghanistan war fell into a quagmire: This decision, even a madman may not be able to do it, right? A lot of words, but since the Americans are planning to do so, buddy, am I going to Iran to make some trouble for Uncle Sam?

Whether or not to find trouble with the Americans is actually not a problem for Zhang Lan

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After OPEC raised its global oil demand forecast at the World Petroleum Conference, the next development turned out to be as expected by OPEC Secretary General Adnan Shihab-Eldin, and on Tuesday, international oil prices rose for the fifth consecutive trading day, especially after the OPEC "World Crude Oil Outlook" report released on the same day predicted that the global average daily crude oil consumption in 2011 would reach 82.8 million barrels, 1.9 million barrels higher than the previous forecast. This has played a considerable role in stimulating the rise in oil prices, and the international crude oil price has risen all the way, and it has continued to rise by $1.89 in five days...... That's a pretty impressive number.

At the same time, Italian Prime Minister Silvio Berlusconi said on the same day that he would announce his resignation after the Italian parliament passed a set of bills aimed at stabilizing the country's financial situation, and if the effect was not satisfactory.

As investors generally see Berlusconi as an obstacle to Italy's economic reforms to reduce its debt burden and avoid falling into a debt crisis; As a result, the news of Best's decision to resign boosted investor confidence.

In addition, the International Atomic Energy Agency issued a report on the same day that Iran is secretly developing nuclear weapons and testing some components. The market believes that the report may trigger tensions between OPEC members such as Iran and Israel, which will affect crude oil production and push oil prices higher.

On Tuesday, NYMEX's WTI crude oil December futures rose $1.28 to settle at $89.80 a barrel, up 11.3, the highest close since July 28, and ICE's Brent crude December futures rose $0.44, or 0.38, to settle at $95.00 a barrel.

The situation of the entire international crude oil market seems to be very good

But this prediction, after all, is OPEC in order to deal with the potential enemy issued "false news", in the past period of time, OPEC not only did not catch the bastard guy, but the mysterious guy's daily shipments stabilized at 300,000 stabs, after the international crude oil price rose for five consecutive days, finally began to fall, and this fall, people can not see the momentum of the rebound.

The recent resurgence of growth risks in the global economy has made the industry more cautious about the outlook for crude oil demand.

This is the core meaning of the reports released by OPEC, the International Energy Agency (IEA) and the US Energy Information Administration in the past two days.

However, investment bank Goldman Sachs was as bullish as ever on commodities, including crude oil, until this week. Goldman Sachs maintained its forecast for the average price of Brent crude oil in 2006 at $89 per barrel.

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"The Organization of the Petroleum Exporting Countries (OPEC) announced on Tuesday that it has once again lowered its forecast for the growth of global oil demand this year. The group also warned of a possible further downward revision of its oil demand forecast. Analysts believe that OPEC's move shows that the increasingly sluggish economic situation is negatively impacting global crude oil consumption.........,

On the TV news, the newscaster was babbling but expressionless as he read the news.

"Poor OPEC, I finally can't hold it anymore." Seeing this news, Zhang Lan smiled happily.

In its monthly report, OPEC lowered its forecast for global oil demand growth this year by 150,000 barrels per day, citing a downward revision to U.S. economic growth and weaker demand in China. This is the largest reduction in history. The group also lowered its forecast for oil demand growth by about 20,000 barrels per day next year, expecting it to increase by 1.3 million barrels per day next year.

According to OPEC's latest forecast, global oil demand will still grow by 1.2 million barrels per day, and global oil consumption will reach 86.14 million barrels per day this year.

Perhaps to cover up for itself, to avoid appearing so incompetent, OPEC warned that if oil prices continue to rise, or if there is a further economic contraction in most advanced economies, it may revise down the current demand growth rate in the future.

The Energy Information Administration of the U.S. Department of Energy also lowered its forecast for the oil market on Tuesday. The agency expects global oil demand to rise 1.6 per day this year to 88.19 million barrels, slightly slower than the 1.65 forecast last month. The agency expects China's oil demand to rise 9.1 per day to 9.3 million barrels per day this year.

The IEA's view is even more pessimistic. The agency believes that the threat to the economic recovery could reduce oil demand growth by more than 60 percent next year.

The IEA, which represents the interests of 28 advanced industrial countries, cut its forecast for global crude oil demand by 60,000 barrels per day this year in a report released on Wednesday, largely considering the burden on consumers from rising fuel costs. However, the IEA also raised its forecast for crude oil demand by 70,000 barrels per day next year to 81.1 million barrels, mainly due to the resumption of economic growth in Japan.

According to the latest estimates, the IEA expects global oil demand to increase by 1.4 million barrels per day to 89.5 million barrels this year, from a year-on-year increase. However, this forecast may be further adjusted. The IEA expects global oil consumption demand to increase by 1.6 million barrels per day next year, or 1.8, year-on-year. The agency also noted that if the world economy grows less than expected, the growth in oil demand could halve.

In its latest monthly oil report, the IEA noted that the outlook for economic growth and oil demand is likely to be lower than previously expected after the recent market and economic turmoil. The agency expects North American oil demand to shrink by 0.9 this year and be largely flat next year.

The U.S. Energy Information Administration also lowered its forecast for crude oil prices this year and next, given weak demand. In its monthly report released Tuesday, the group projected that the average price of U.S. benchmark crude oil is expected to be $96 this year and $101 a barrel in 2012, down from $98 and $103, respectively. According to the Energy Information Administration, the average price of benchmark crude oil in 2010 was $79 per barrel.

However, as for the well-known Goldman Sachs, this is still not changing its tone of shorting commodities. Investment banks such as Goldman Sachs continue to be bullish on the outlook for commodities, including crude oil. Goldman Sachs announced this week that it maintained its overweight recommendation for raw materials relative to other assets, saying global economic growth was "sufficient" to drive demand.

Goldman Sachs analysts, led by Curry, said in a new report released this week that investors should hold Brent crude, copper and soybeans. Goldman Sachs maintained its optimistic rating on commodities, despite downgrading its global growth forecast for this year and next, and putting the probability of another recession in the United States in the next nine months at one-in-one.

Goldman Sachs maintained its forecast for an average Brent crude oil price of $130 per barrel in 2005, which is now trading near $95. Goldman Sachs believes that the supply situation for oil is very serious, and the growth of supply in non-OPEC countries is more disappointing than the growth in demand.

On the 10th, New York crude oil futures rose 3.6 to above $82. In the previous two weeks, the variety had fallen by nearly $20, a drop of more than 20.

It can be said that with the series of pessimistic statements made by OPEC, the U.S. Energy Information Administration, the International Energy Agency and Goldman Sachs, the international oil price fell in response, and it also means that the assurances made by OPEC Secretary General Adnan Shihab-Eldin in his previous speech have become bubbles ......in the air.