CNN: US warns OPEC+ countries to vote to cut oil production
[ad_1]
The White House is trying to discourage OPEC+ Gulf countries from backing oil cuts at its Oct. 5 meeting. This was reported CNN with reference to sources. According to media reports, OPEC + may cut oil production by 1-2 million barrels per day (b / d) at a meeting on October 5 in Vienna.
According to CNN, senior US officials are lobbying against the vote to cut oil production among their counterparts in the Gulf countries, including Kuwait, Saudi Arabia and the UAE. According to the TV channel, White House employees are doing this.
According to CNN sources, the possible reduction in oil production in the White House is being assessed as a “complete disaster” and a “hostile act.” In the United States, they fear that a decrease in oil production by more than 1 million bpd will lead to a sharp increase in oil prices.
October 5 in Vienna pass the OPEC+ ministerial meeting. According to information Reuters and Bloomberg, countries can reduce oil production by 1-2 million b/d following the meeting. According to sources Financial Times, Russia and Saudi Arabia insist on this. The reduction will take place against the backdrop of a slowdown in the global economy.
About oil production in Russia – in the material “Kommersant” “Oil was cleared of drawdowns”.
[ad_2]
Source link
