As are transferred by information agency "Reuters" , at 20:25 Moscow time Brent oil lost in price of 0,78% — to $48,52 for barrel, and WTI became 1,6% cheaper — to $47,47 for barrel.
the Second round of negotiations OPEC on restriction of production came to the end with p without results. The offered quotas again opposed Iran and Iraq. In particular, the Iraq minister of oil Ibrahim al-Jafari called agreement conditions "unfair".
It is noted by p that, most likely, OPEC will go to compromise option and announces production reduction on 0,5 million barrels a day. According to analysts of Bank of America, in this case quotations remain at the current levels. At reduction on 1 million barrels a day "black gold" will overcome a boundary of $50 for barrel.
in the absence of the transaction oil will collapse to $40 for barrel, but such scenario is improbable, experts added.