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Author Topic: OPEC Plus Minister Decides to Increase Oil Production Today It is not expected t  (Read 88 times)

Offline jiraporn66

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OPEC Plus Minister Decides to Increaseเล่น สล็อต ออนไลน์ ทาง มือ ถือOil Production Today It is not expected to change the original approach. gradually increase the production capacity
Reuters reported on November 4 that OPEC Plus, an oil-producing countries alliance between the Organization of Petroleum Exporting Countries (OPEC), led by Saudi Arabia. with major oil producing countries outside the group, especially Russia Host a virtual teleconference. to discuss and decide whether to adjust the group's approach to increasing oil production After world crude oil prices rose to their highest in three years to $86 per barrel.

OPEC Plus has been under heavy pressure from consumer countries, however, a source close to the meeting told Reuters. The majority of member states still disagree on special capacity increases. In addition to the previously stipulated guidelines to gradually increase production capacity.


A Reuters source claimed that Saudi Arabia It has denied adding more than 400,000 bpd each month until 2022, while Kuwait and Iraq. It supports to maintain the original production increase plan. One reason is because OPEC Plus sees that the United States itself has a high production capacity enough to increase the amount of crude oil in the market If you want to lower oil prices to stimulate recovery from the Covid crisis faster.

meanwhile Most of the oil producing nations There is also concern that increasing capacity too quickly may not be beneficial. And could become a problem in oil producing countries again if the epidemic reappears this winter.





The OPEC Plus meeting today It will begin with a ministerial meeting of the OPEC Plus Joint Market Monitoring Committee. Prior to the meeting of the oil ministers of all member nations at around 9:00 p.m. local time in Thailand to decide whether Will there be an increase in production capacity beyond the original plan?