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Synonyms for bpd
bpd
This thesaurus page includes all potential synonyms, words with the same meaning and similar terms for the word bpd.
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BPD
What does BPD stand for? -- Explore the various meanings for the BPD acronym on the Abbreviations.com website.
How to use bpd in a sentence?
Saturday's OPEC+ press conference provided more clarity on the decision to increase production, with guidance for a full 1 million bpd ramp-up in 2H18, this is a larger increase than presented Friday although the goal remains to stabilize inventories, not generate a surplus.
If the oil (price) stays at $50 for a long time, of course some projects will become less attractive and a small output decline may start. But we will not cut production on purpose, we could lose at maximum a 10th of output but more likely 300,000-400,000 bpd. There are no grounds for a bigger decline.
Iranian Oil Minister Bijan Zanganeh:
This means that Saudi Arabia can increase its production by less than 100,000 bpd, Qatar can produce an additional 70,000 bpd, but this does not mean that Venezuela's production should be produced by some other. Venezuela will raise its production when it can. And if it cannot, others cannot come in and produce on their behalf.
Perenco had forecast it would produce 12,000 bpd and now it's producing less than 1,000 bpd.
There is a deficit of around 3 million barrels per day on the market because of the actions by OPEC+, vaccination (against COVID-19) has started in many countries. So we will probably see a tactical increase by another 500,000 bpd (agreed) in January. Further actions will depend on the market situation.
Translations for bpd
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"bpd." Synonyms.com. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.synonyms.com/synonym/bpd>.
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