Media: Talks on limiting oil production disrupted

СМИ: Переговоры по ограничению нефтедобычи сорваны

The media learned about the failure of Saudi Arabia talks of OPEC to freeze oil production.

The OPEC negotiations with countries outside the cartel, to limit oil production was disrupted after Saudi Arabia refused to take part in them, according to Bloomberg.

The talks were scheduled for Monday, November 28.

It is reported that negotiations will take place is internal OPEC meeting where countries will try to resolve their differences.

Recall, September 28 OPEC countries reached an agreement on the limitation of oil production at the level of 32.5-33 million barrels per day. This has led to higher prices of oil: Brent crude rose from 46.5 to $ 48.5 dollars per barrel.

We are willing to freeze oil production – Putin

As reported Корреспондент.net, the IMF predicts that oil prices will not rise above $ 60 per barrel until 2021.