. The prices of petroleum products have soared more than five percent, inform the auction. position 22. 17 GMT the Price of March futures for North sea petroleum mix of mark Brent have grown on 4, 53% up to 61, 38 per barrel. Before in the process of evening sale growth exceeded 5% and the Price of oil Brent has reached 61, 69 per barrel. The price of February futures for oil WTI rose to 4, 82%, 52, 17 dollars per barrel, before the bidding process, the indicator also grew by more than 5%. The market is winning back the statement of the Minister of energy of Saudi Arabia Khalid al-falikha about the fact that the Kingdom has reduced oil production to 10, 2 million barrels. While the terms of the agreement, OPEC, Saudi Arabia had to reduce oil production by 322 thousand barrels per day from the value of October 2018 to 10, 311 million barrels a day. in addition, support to quotations still have the data on oil reserves in the United States. According to the obtained information of the energy of the country, for the week ended January 4, the commercial accumulation of oil in the US decreased by 1, 7 million barrels, or 0, 4% - to 439, 7 million barrels. first it was announced that International petroleum Prices had a positive impact and dialogues between Washington and Beijing on financial issues. Officially, they started on 7 January. The official representative of the foreign Ministry of China, Lu Kang said that China nourishes the hope for the resolution of trade disagreements. Analysts point out other reasons that support the prices of petroleum products, and among them a decrease in OPEC production and stabilization of the stock markets. by the end of 2016, OPEC, and several members of the organization countries agreed on the reduction of oil production by 1, 8 million barrels per day from the value of October 2016. 7 December 2018, OPEC decided to reduce production is the total for all Treaty countries 1, 2 million barrels per day from January 2019 for six months. Of these, 800 thousand barrels of oil will need OPEC countries and 400 thousand - in the country outside the organization. Russia has agreed to reduce production by 228 thousand barrels per day from the value of October 2018, which was eleven, 4 million barrels per day. <span style="color:darkgray