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Despite the reservations from Opec +, the key member, a series of third months has increased twice a historic policy in the operation of the oil and the historic policy.
Nations led by Saudi Arabia were adopted on Saturday to add 411,000 barrels on Saturday to add 411,000 barrels to the group, to add 411,000 barrels to the market. Visit matches are plannedMay and JuneNote the radical reverse from defending prices, notes to actively rub.
“Opec + whispers more whispers,” Jorge Leon, previously analyst in Rystad Energy A / S working in the OPEC Secretariat. “It can be noted, June spoke openly and came with July megaphone.”
Authorities reflect the supply of Saudi Arabia’s excessive producer, the return market share of the return market share for drilling employees and other rivals of the United States and the President of Donald Trump provides a cheaper oil request.
The Northern Hemisphere also offers relief to consumers while helping to fight the stubborn inflation of central banks. Again, the market impact creates a financial threat to oil producers around the world, which can face low prices for a long time.
Several Member Saturday, in the congregation, Opec + has increased the production of production, he said. Russia, Algeria and Oman wanted a break in the growth, the delegation asked not to be named because the information was special.
The difference between Moscow and Riyadh, which is the most powerful two-strongest members of the cartel, will restart when we meet again to discuss the levels of access to August.
After the organization of the organization of oil exporters and allies, a barrel of a barrel reached 60 to 60, a four-year barrel will restore the speech by increasing the amount of four years and allies ahead. The required requirement and Trump’s commercial war has already crushed the market.
Although Brent futures have been restored to trade near a $ 64 barrel since today, the International Monetary Fund, the crown prince Mohammad Bin Salman estimates that more than $ 90 needs to cover plans. The kingdom argues by flyingBudget deficitAnd and the futuristic city, such as Neom, was forced to invest in flagship projects.
Markets can take the consent of Saturday as some positive, because before the talks, “There are some concerns of greater growth,” said Giovanni Staunovo UBS Group AG.
Riyadh strategy is not working if the cartel is “controlled by controlled sweat”.
Kazakhstan, the most disclosed criminal, continues to exceed the limit by several hundred thousand barrels a day and saidThere is no plan for Atoni. Energy Minister Yan Akkenzhenov told reporters on Thursday that the country could not force the cuts about international corporate partners or call them back in public fields.
However, in the nursery of America’s Shaist, taking something like companies Diamondback Energy Say IncProduction rose to the topDespite the Promise of Trump, the country “Drilling, baby, boring“In a new energy boom.
Summer demand
With the growth planned for July, Opec + in recent years, with a roadmap for a roadmap to revive 2.2 million barrels, and in recent years, the last years will be a while to continue the most.
The growing supply for some analysts is completely logical. Drivers go to the summer holidays, as well as drivers in the east of the air, as well as the air conditioner, it will increase in the Middle East for several months.
“The main basics are currently strong – the reserves are very low,” The research manager in LTD said in an interview in Bloomberg, before the meeting. “
Nevertheless, the more price losses can be in the store. JPMORGAN CHASE & Co. Co., Brent forecasts Brent Futures to sink “high $ 50”, as Brent futures contribute to global supply of global cage per day.
This story was first displayed Fortune.com
