empty
03.06.2020 06:42 PM
OPEC + countries plan to extend the oil reduction deal.

OPEC + countries plan to extend the oil reduction deal. Many countries, including Russia, are in favor of the extension. Saudi Arabia has not yet voiced its decision in this regard. At the same time, the Kingdom recently expressed interest in extending the deal.

Mitigation of restrictive measures in some regions has led to an increase in energy demand. Also, finally, oil prices rose sharply thanks to the OPEC + deal. This also influenced the end of the price war between Saudi Arabia and Russia. Now the parties to the transaction need to decide how long to maintain the current conditions for reducing oil production.

These days there is a discussion of the date of the next meeting on the OPEC deal. There was a proposal to hold it earlier than June 9, as previously planned, and to schedule a meeting for June 4.

Recently, both Russia and Saudi Arabia are changing their positions regarding the OPEC deal. But at the same time, they always manage to find a convenient solution.

This image is no longer relevant

Not everyone supports the OPEC deal. US shale companies are gradually increasing oil production.

Texas-based Parsley Energy, announced plans to restore daily oil production (26,000 barrels per day) in June. The volume of oil production in the Bakken formation has also grown from mid-March by 35,000 barrels per day.

The initial OPEC + deal suggested that its participants cut oil production by 9.7 million barrels per day. This is about 10% of world production. Then, Saudi Arabia, Kuwait and the UAE decided to further reduce production by 1.2 million barrels per day in June. Thus, the total reduction in oil production by OPEC + participants in June should be about 11 million barrels per day.

Thomas Frank,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Resumo das notícias do mercado americano de 30 de junho

Os mercados de ações dos EUA fecharam em alta: o S&P 500 e o Nasdaq 100 avançaram 0,52%, enquanto o Dow Jones subiu 1,00%. Os investidores reagiram positivamente ao progresso

Ekaterina Kiseleva 15:45 2025-06-30 UTC+2

Nike eleva Adidas, Puma, JD Sports: O relatório que mudou o dia

Índices sobem: Dow 0,94%, S&P 500 0,80%, Nasdaq 0,97% Ações de bancos sobem com a proposta do Fed de flexibilizar as regras de alavancagem Resultados da Nike elevam Adidas, Puma

Thomas Frank 16:36 2025-06-27 UTC+2

Resumo de notícias do mercado dos EUA para 27 de junho

Os principais índices de ações dos EUA encerraram a semana com sólidos ganhos. O Dow Jones e o Nasdaq subiram 1% cada, enquanto o S&P 500 subiu 0,8%. A ampla

Ekaterina Kiseleva 16:32 2025-06-27 UTC+2

Os mercados estão instáveis: alguns estão em queda, outros em alta — o que está acontecendo com as ações da Tesla, FedEx e Micron?

Tesla cai com a continuação da queda nas vendas na Europa Ações da FedEx e da General Mills caem após previsões de lucros decepcionantes Micron Technology salta no pregão prolongado

Thomas Frank 17:26 2025-06-26 UTC+2

Resumo das notícias do mercado americano de 26 de junho

Trump impulsiona o S&P 500 para níveis recordes Donald Trump está impulsionando os ganhos no S&P 500, levando o índice a níveis recordes em meio à estabilidade política

Ekaterina Kiseleva 15:42 2025-06-26 UTC+2

Markets Delighted by Fed Inaction: Nasdaq 100 at All-Time High

Indices Rise: Dow 1.19%, S&P 500 1.11%, Nasdaq 1.43% Nasdaq 100 Hits Record Closing High Fed Chair Powell Reiterates 'Wait and See' Approach to Rate Cuts, Tariffs Broadcom Hits Record

Thomas Frank 17:51 2025-06-25 UTC+2

Resumo das notícias do mercado americano de 25 de junho

O entusiasmo pela IA impulsiona os ganhos do mercado As ações dos EUA continuam sua escalada constante, apesar dos riscos geopolíticos persistentes e das tensões comerciais. O Nasdaq 100 atingiu

Ekaterina Kiseleva 17:03 2025-06-25 UTC+2

Sinal de paz entre Irã e Israel agita os mercados: o que está acontecendo com o petróleo, o ouro e as moedas

Os preços do petróleo bruto caem, recuando das máximas de vários meses após a retaliação do Irã As ações de Wall Street fecham em alta, enquanto as ações europeias caem

Thomas Frank 17:29 2025-06-24 UTC+2

Resumo das notícias do mercado americano de 24 de junho

O S&P 500 e outros índices de referência importantes iniciaram a nova semana de negociações com um impulso positivo, apoiados por indicadores técnicos. A alta segue um forte sinal

Ekaterina Kiseleva 17:16 2025-06-24 UTC+2

Ataques do Irã agravam crise do petróleo: S&P 500 congela antes da divulgação de dados importantes dos EUA

Ataques dos EUA ao Irã geram preocupações sobre petróleo e retaliação S&P 500 perto das máximas de fevereiro, mas mostrando sinais de estagnação Aumento dos preços do petróleo gera preocupações

Thomas Frank 16:21 2025-06-23 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.