World oil prices broke the monthly record
The price of the futures on oil of mark Brent with delivery in July 2020 rose to its highest value since April 13, inform the auction.
The price of the futures on oil of mark Brent with delivery in July 2020 rose to its highest value since April 13, inform the auction.
02. 03 Moscow time the barrel was worth 33, 36 dollar 1, 61% above the closing level of the previous trading session. July futures for petroleum of mark WTI rose in price by 2, 85%, up to 30, 36 to the dollar.
OPEC agreed on 12 April on the reduction of oil production to 9. 7 million barrels per day in may-June, 7, 7 million in the 2nd half and 5 8 million on until the end of April 2022. Base count taken October 2018, but for the Russian Federation and Saudi Arabia taken eleven million barrels per day, from which by analogy with all there is a decrease of 23%, 18% and 14% respectively.
Agreement the oil-producing countries was preceded by a sharp collapse of quotations at the beginning of March against the background of substantial reduction in demand due to pandemic coronavirus, as well as after the collapse of the previous agreement of OPEC .
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