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Oil: Opec + production size

2019-12-06T16:08:21.305Z


The OPEC + (the Cartel Countries plus the other oil producers including Russia) have reached an agreement for a further production cut of 500 thousand barrels per day. This was announced by a delegate for the Vienna works (HANDLE)


(ANSA) - ROME, DECEMBER 6 - OPEC + (Cartel Countries plus other oil producers including Russia) have reached an agreement for a further cut in production of 500milars per day. This was announced by a delegate for the Vienna works Russian energy minister Alexander Novak points out that for Russia it is a reduction of 70,000 barrels a day.
After the announcement of rising oil prices: the WTI rose to 58.83 dollars a barrel after slipping to 1.3% during the session, while Brent rose above $ 64 (64.03) after registering a decline of 0.9%.

Source: ansa

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