The organization of countries-exporters of oil (OPEC) is ready to extend the limits of production for 9 months until March 2018. About it reports Reuters, reports “RBC-Ukraine”.
“Oil prices fell Thursday as OPEC prepared to extend the limits of production for 9 months until March 2018,” the statement reads.
According to the publication, reduce will probably be again separated with a dozen oil exporters outside OPEC, which cut production in tandem with the Organization of countries-exporters of oil since January.
It is expected that OPEC and other producers agreed to extend the reduction in oil supplies of 1.8 million barrels per day before the end of the first quarter of 2018. Current trade OPEC agreed late last year, covers only the first half of 2017. We will remind, earlier it was reported that the price of oil North sea Brent tonight, may 25, 2017, fell below $ 53 per barrel.