Date: 2 months ago   Category: Energy

Price of oil of Brent exceeded $63 on news about arrangements of OPEC — Rambler News Service


Photo: globallookpress.com/Wang Ying the Price of February futures of Brent oil exceeded $63 for barrel news about arrangements of OPEC on production reduction, data of the Intercontinental exchange (ICE) demonstrate. During trading the indicator reached $63.24 for barrel. As of 17:21 Moscow time price of barrel of Brent oil grows for 4.5% - up to $62.8. Before Bloomberg reported that the countries of OPEC reached the agreement on reduction of level of production of oil on 1.2 million barrels a day, the Agency notes that it notes that the designated production will be at the level of October, 2018. On December 5-7 in Vienna there take place negotiations of the countries of OPEC and the states which are not entering into cartel participating in the agreement on reduction of level of production of oil. On December 5 the minister of oil of Oman Mohammed bin Hamad al-Rumkhi reported that the ministerial monitoring committee of OPEC will recommend to reduce oil production. At the same time it did not specify about what volume of reduction it there is a speech.

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