Page 1 - FSUOGM Week 40
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Issue 1096             07•October•2020                     Week 40






                    ™     ™Russia wraps up oil tax overhaul


                            Russia has approved an overhaul of its oil taxation system, aimed at raising
                            budget funds and streamlining an overly complex regime.


                    ™     ™OPEC+ stays the course


                            OPEC+ production levels were more or less maintained in September, as
                            increases in some places were offset by decreases elsewhere.

                    ™     ™Nord Stream 2 vessel on move


                            A vessel Russia is expected to use to finish Nord Stream 2 is on the move, but
                            in the opposite direction.

                    ™     ™No export privileges


                            Kazakhstan has denied giving Swiss oil trader Vitol privileges over the export
                            of its oil.
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