The United States is unlikely to coordinated with OPEC reducing production of oil because us oil the organization has already reduced it, said the head of Donald trump.
Trump expressed the hope that the participants of the OPEC and the upcoming Thursday meeting will be able to come to a common opinion about the prices. If the deal fail to conclude, then, According to trump, he has a " lot of options ".
"I have a lot of good options. Lovely. Maybe I like it more. Let's see what happens. I hope they will agree, " - said the head of the United States.
on Thursday in the videoconference held meeting of the OPEC about the possibility of a new reduction of oil production to stabilize the situation on the market, which was the last working day of the week will be followed by a meeting of the heads of the G20 energy on the stability of energy markets.
As said before RBC referring to close to the Ministry source, Russia expects that the new agreement will join OPEC countries, which together produce 70 million barrels per day. Among them, Brazil, Norway, Canada, USA and other countries. In this case, Russia Can reduce the development of presumably 1, 6 million barrels per day. This is 14% from the first quarter (approximately eleven 3 million barrels per day).
before Wednesday, the press Secretary of the President Dmitry Peskov said that the natural reduction of oil production due to falling demand and volatility in the market cannot be compared with voluntary restrictions, aimed at stabilizing the situation.
Demand for petroleum products in the world fell at the beginning of the year amid pandemic coronavirus. This has led to a sharp decline in prices. In addition, in early March, the participating countries, OPEC failed to reach agreement on the parameters of the Treaty on the reduction of oil production and to extend it. Riyadh insisted on additional production cuts, but This did not suit Moscow, offers to save the current rules.
Because of this, from 1 April the parties to the Treaty OPEC does not have any obligations to each other. In the UAE and Saudi Arabia announced plans to increase oil supplies. This led to the collapse of oil prices in world markets.