Saturday, August 3, 2024
Reuters: Iraq still accounts for the largest part of OPEC's excess production, 3 august
OPEC oil output rose in July on a rebound in Saudi supplies and small increases elsewhere, a Reuters survey showed on Friday, offsetting the impact of ongoing voluntary supply cuts from other members and the wider OPEC+ alliance.
The survey, based on shipping data and information from oil industry sources, showed that OPEC pumped 26.70 million barrels per day last month, up 100,000 bpd from June.
The increase comes despite the OPEC+ alliance, which includes OPEC and allies including Russia, maintaining most production cuts until the end of 2025 to support the market in the face of tepid demand growth, rising interest rates and increased US production.
A meeting of senior OPEC+ ministers on Thursday left oil production policy unchanged, including a plan to start unwinding a tranche of output cuts from October.
The ministers stressed that this increase could be temporarily halted or reversed if necessary.
The survey found that Saudi Arabia provided the biggest boost to supplies last month, by 70,000 barrels per day, as exports rebounded from June when they were lower than expected. Output reached 9 million barrels per day in July, close to the kingdom’s target.
The survey showed that Nigeria recorded the largest decline of 30,000 barrels per day, with exports declining on a monthly basis.
Libya and Iran, two members not required to cut output, along with Iraq, recorded slight increases. The survey found that Iran’s output reached 3.22 million barrels per day, the highest since 2018, according to Reuters surveys.
Iran has boosted its exports in recent years despite continued U.S. sanctions. Iraq’s output has risen as exports have increased month-on-month, oil flow data and a tanker-tracking source showed.
The survey also said that OPEC exceeded the target assumed for the nine countries covered by the supply reduction agreements by about 240 thousand barrels per day, and that Iraq still represents the largest part of the excess production.
The Reuters survey aims to track supply to the market and is based on shipping data provided by external sources, flows data from the London Stock Exchange Group, information from firms that track flows, such as Petro-Logistics and Kpler, and information provided by sources at oil companies, OPEC and consultants. link
LATEST RV NEWS FROM LIVE CALL WITH MAYHEM AND MEL, 3 AUGUST
💥💥💥Live Saturday 💥💥💥
Just Mayhem with Mel
💥8-3-24💥
💥Welcome Everybody 💥
💥welcome to our US listeners and all Countries from around the world💥
💥Latest RV news….💥
💥💥 August 13 , US Foreign Asset CONTROL OFFICE💥💥 To release the Moscow Exchange clearing house that the Safe Keeping Assets (SKR) to be licensed going forward thru Oct 12💥💥
💥Base ever on Fundamentals / staying grounded💥
💥See Articles linked, Goldilocks 💥
💥Iraq joins Management Operations that modernizes hospitals ( Med Beds ?)💥
💥A Project had been underway that Commissioned Removal of Corruption moving forward / Have arrested 8 corrupted defendants/ seized 1,244 land transactions/ moving forward 💥
💥Both inside and outside Iraq the BIGGEST RECOVERY in a Century 💥
💥💥Iraq signed agreement with BP …to have OIL back their Currency 💥💥HUGH AGREEMENT moving them forward into what we are waiting for for💥💥💥HUGH💥💥💥
💥US Calling out the UN to step up their purposes/ to Promote PEACE AND SECURITY in the WORLD💥
💥Aug 1 Meeting with OPEC , was their 555 meeting/ 12 Countries joined, some being: Algeria, UAE, Pakistan, Russian Federation, Nigeria, Q8, IRAQ, and of course Saudi Arabia who is chairman of OPEC💥💥meeting to stabilize Markets and return INVESTMENTS thereto 💥💥
💥Asian Pacific Countries come together for Recovery, as is Singapore Development BANK : correlation to BRICS Bank….💥💥
💥India and Vietnam teaming up partnership with Blockchain cross/ off border payments…..💥💥
💥Aug 5…Starting a passport program in Singapore….💥
💥Anyone post the last Frank 26 , it was taken down 💥💥
💥Aug 15, Digital Stellar to launch in Indonesia….💥
💥Watch our Sizzling Sunday tomorrow 💥interesting things popping up up💥
💥Watching CERN, 3GorgeDam, etc.
Join in for more detailed information on pop up mentions / Monday Madness with Mel coming up 💥
💥Aug 4 Watch New Moon….more black outs? We shall see💥
💥In US state of KY the 45 State to join the States in removing taxes on the purchase of Gold / Silver/ to Enact the tax exemption💥
💥7 Countries: some include, Russia/ US, Germany/ to release Business..
In correlation to the 7 Countries/ 7 Kingdoms / we have been waiting to reappear 💥
💥Indonesia heavily involved with QFS/ and Turkey…. Have skipped 5G and went straight from 4G to 6G…See links…💥
💥6G is of the wireless technology 💥See Article links on 6G💥
💥Government Funds : See links, use discernment: Funds that are seized are reappear back into the RV… see Article links…..💥
💥Good video with SGANON file 78 💥 going back to Gold Standard..💥
💥Aug 7 Ripple case with SEC releases…💥
💥Aug 12, the Olympic Drama 💥
💥Goldilocks Article mentions ISO’s in correlation to my History of Currencies/ thereto in a recent Mayhem with Mel ….💥Hit a marker💥
💥💥💥See you on Sizzling Sunday💥💥Watch Monday Madness, will discuss the XRP going off line(off ledger) …..will provide links then ….💥
💥💥💥Stay HAPPY, stay safe, stay calm and grounded…Stay Peaceful. Talk soon …..💥💥💥
💥💥💥Live Saturday with Mayhem
with Mel 💥💥💥by td USA
"Get ready for the Global Currency Reset " BY MR. POOL. 3 AUGUST
MR. POOL
Get ready for the Global Currency Reset (GCR), the Quantum Financial System (QFS), the Black Swan Event and the NESARA GESARA TRUMPSARA Revolution!
Quick explanation about NESARA and TRUMPSARA
The world is on the brink of a paradigm shift in the financial system, and at the heart of it all are NESARA and TRUMPSARA. If you find yourself confused, surprised, or even skeptical about these terms, you're not alone. Delve into the complex world of the economic revolution, where we dissect the nuances, unravel the complexities, and shed light on what these transformational initiatives truly represent.
Buckle up, truth seekers! You are about to embark on an exciting journey into the complex finances of NESARA and TRUMPSARA.
These terms, while confusing to some, are signposts on the path to transformative change in our global economic landscape. So, begin this dramatic and revelatory exploration, and get ready to change your worldview!
If you have ever found yourself in the murky waters of financial jargon, I assure you that NESARA is a term you need to become familiar with. The National Economic Security and Reform Act, or NESARA, is more than just an acronym - it is the genesis of an unprecedented global economic revolution.
Introduced in the United States, NESARA encompasses a series of financial reforms aimed at eliminating the systemic flaws of our current economic apparatus. Imagine a world where inflation is a term consigned to the history books, where “debt” is an archaic concept, and where prosperity is not a privilege but a right. That is the world that NESARA promises to create.
Let us now enter the majestic kingdom of TRUMPSARA.
As the name suggests, this concept gained attention during the term of former US President, Donald Trump. Considered by many to be an extension or variation of NESARA, TRUMPSARA aims to implement a series of radical financial reforms on a global scale. The essence of TRUMPSARA lies in its ambition – a vision to restore financial power to the people and maintain economic justice everywhere in the world.
As we delve deeper into NESARA and TRUMPSARA, we discover many of their pillars. Among the most profound is the idea of a “Global Currency Reset” or GCR. This implies an economic reset that creates fiscal balance between nations, a stark contrast to the traditional power dynamics we see in the world economy today. .
But what does all this mean for you and me? That means we are on the brink of change – enormous and unprecedented change. NESARA and TRUMPSARA are more than just financial buzzwords; they are harbingers of a world where economic equality reigns, where wealth is not hoarded but shared, where the power of the dollar is restored and where the chain of debt is finally broken.
"Hot Off The Press (WW3)" BY ARIEL, 3 AUGUST
Ariel 8.3.24
🚨 Hot Off The Press (WW3)
This is when I suspect that the market will crash once this crash pops off. So just be ready for potential inconveniences that most of you should get through without any issues. Israel is indeed in a very compromising position.
The OIC
The ICC
The OIC (Organization of Islamic Cooperation) has issued a strong statement condemning the actions, escalating tensions in the region. The potential for broader conflict is increasing as neighboring countries weigh their options.
The ICC (International Criminal Court) is investigating war crimes, further complicating the geopolitical landscape and increasing pressure on international alliances.
The UN Security Council is holding emergency meetings to address the rapidly deteriorating situation, with world powers divided on the best course of action.
Financial markets are responding to the uncertainty, with investors seeking safe havens amid fears of global instability. Commodities like gold are seeing a surge in demand, while stock markets experience volatility. We are watching history unfold in front of us.
Hope everyone is ready. We are on our way.
UN votes to end Iraq political mission, 25 NOV
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