OPEC + will increase fat exit with eye on market share

Analysts expected the union to decide on another speech increase in 411,000 BPD – the same target was approved for June and July.

The group was “a continuous global economic outlook and current healthy market bases, the” sustainable healthy market basis “reflected in the oil reserves” was decided to grow in a growing statement.

Rystad Energy surprises the OPEC + market in Jorge Leonu – this latest growth was even bigger than expected and sent a clear message to everyone.

“Two big questions on the market: First, will you target the next level of volunteer cuts once a day, and the next level of Opec + 1.66 million barrels?

“Prices are above $ 60 and at the turbulent geopolitical backgrounds – especially in the Middle East, the risks in the Middle East and Ukraine and Libya – the answer to both questions can be ‘Yes’.

UBS Analyst Giovanni Staunovo, “The extreme appreciation of higher quotas of effective Kazakhstan and Iraq is a factor that supports the decision to cut off on Saturday.”

After a barrel of a barrel in a barrel, a barrel in a barrel, a barrel in a barrel in a barrel, a barrel in a barrel in a barrel, a barrel in a barrel, after a barrel, after a barrel, after a barrel, after a barrel.

The Wider Opec + Group consists of 12 nationals of oil-exporting countries (OPEC) and its allies – in 2022 to raise the proposal to raise prices.

However, in turn, the eight alliance member of Saudi Arabia’s spear, declared a significant production of May, surprised the markets by reducing oil prices.

Oil prices have been hovering around $ 65 to $ 65 to $ 65 per barrel.

By approving the increase in another speech, Saudi Arabia may put pressure on members to continue the quotas agreed with the expected oil profits due to low prices.

Although an assessment by Bloomberg, the production of the union production and quotes, showed the increase in 200,000 BPD.