OPEC + has confirmed that the price of oil will increase raw extraction

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Opec +, an unexpected movement of the cartel opening branded prices, will continue to increase oil production since April, he said.

Saudi Arabia and seven members OPEC + The group had delayed a plan to open a long-lasting output, and the traders waited to be postponed again.

However, Opec + Monday, oil production in the next 18 months continues with the “gradual and flexible return” of 2.2 million barrels per day.

Brent oil prices fell in 2 percent, less than $ 72, the lowest level after three months, after the OPEC + announcement, traders responded to the growing prospect.

Concerned about the potential impact of US tariffs Economic activity In January, the raw prices exceeded more than 10 percent of a high barrel high in this year.

US President Donald Trump approved us on Monday Apply a 25 percent tariff On Tuesday, the goods imported from Canada and Mexico in midnight.

“Two things will be restarted in the market, Trump’s tariffs and OPEC + stopped production”, the co-founder of Kevin Book, co-founder of Energy Partners. “This is not surprising that this is a signal sold to traders.”

Trump, Opec + to managers in January in Davos in January, he called on the price of oil.

Opec + was originally intended to start the group’s output intersection in September, but he delayed the plan three times.

Eight countries will increase the volume of April, Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman.

All other existing production cuts will remain in place, according to OPEC +.

“This gradually increases, can be subject to market conditions or returned,” he said. “This elasticity will allow the group to continue to support the stability of the oil market.”

Three different sets of output, OPEC + members produce less than 6 mn b / d from the united capacity of about 6 percent of global oil supply.

Saudi Arabia took into account the majority of those in the past two years, reducing its production by 2MN B / D, and the majority of those so far.

Politics, in 2022, after the full-scale occupation of Ukraine, increased tension in the United States, which is not able to increase production in 2022 and increased the tension and failed tensions.

Financial Times in September for the first time in several years, Saudi officials said they were ready produceEven if low prices are caused for a long time.

Research firm, research and demand for research and demand, OPEC + for OPEC + for OPEC + for OPEC + for the end of the year, “premature barrels”, which is just the prospect of the year, he said.

“The group can choose to take a break,” he said.