Oil price increases: the past yesterday meeting of the Ministerial monitoring division, OPEC has inspired to investors hope for a speedy recovery of the demand, inform the auction.

at 7: 45 Moscow time the Cost of the August futures for North sea petroleum mix of Brent increased by 0, 87% to 41, 87 dollars per barrel, the July futures on WTI rose in price by to 0, 98% - to 39, $ 22.

the 1st and foremost, the market supported the plans of Iraq and Kazakhstan to compensate for nedookislennye them may prey. The draft final communiquö? of the meeting also noted that the total percentage of compliance by OPEC last month, was 87%.

fresh consensus started with OPEC may reduce oil production to 9. 7 million barrels per day for two months, and on June 6 this condition was extended in July. Further reduction of the development will be reduced to 7, 7 million barrels per day for the period until the end of the year and 5 8 million - before the end of April 2022-th.

"this week it became clear that any second wave will undoubtedly force the government to return to draconian measures," said Bloomberg, the founder of Vanda Insights Vandana Hari (Hari Vandana).

She also said that the market calms down, when it comes to limiting the supply of oil from OPEC countries .



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sections: Politics