information agency "Reuters": OPEC can reduce oil production in 2024 by 1 million barrels per day

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Ministers of the countries OPEC at an online meeting will discuss possibility of introduction of new restrictions on oil production with the purpose to support the falling prices in 2023. About it reported three delegates of alliance in the comment to agency information agency "Reuters". "Two delegates participating in discussion, declared that new reductions of production in 2024 potentially can lead to production reduction from the market on 1–2 million barrels per day in the first quarter 2024", specifies the edition. Saudi Arabia and Russian Federation to which share more than 40% world oil production fall, plan to prolong action of the voluntary restrictions...
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Khelima Kroft
Last position: Managing director, global head of department of raw strategy (RBC Capital Markets)
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