OPEC is discussing an increase in oil production – media

ОПЕК обсуждает увеличение добычи нефти - СМИ

The organization wants to increase its production quota by half, to 600 thousand barrels. Some OPEC members support the increase in production at a lower level.

OPEC members discuss a compromise agreement to increase oil production, according to Bloomberg. Organization in the next few months, intends to increase its production quota by half, to 600 thousand

Sources of the edition reported that despite the objections of Iran, which opposes any increase in the current quotas, officials from some other countries are quite optimistic, and the decision to increase production could be made this week in Vienna.

Source Bloomberg said that some OPEC members support the increase in production at a lower level. Behind the scenes, the administration trump was worried about the impact of rising gas prices in the medium voter is very difficult to increase production.

“The market is well supplied, and OPEC should comply with its decision before the end of the year,” said Bloomberg OPEC representative in Iran Hossein Kazempour Ardebili.

Earlier it was reported that the US is ahead of Russia in oil production.

 

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