Tag: the Price of oil
New business OPEC+ will keep oil prices from falling further
OPEC members+ have agreed on a deal to reduce oil production. Its volume will be 10 million barrels per day. Another 5 million barrels per day promise to reduce the production of countries not participating in the agreement
What will happen to the ruble after OPEC talks+
Today held the first meeting of OPEC countries+ by reduction of oil production since the failure of the last transaction. Depending on the outcome, the ruble may have to wait several scenarios, from a steady strengthening to a significant weakening
As anti-crisis package in the USA will affect Russia
The package of measures passed by the U.S. Congress to support the American economy, can have a positive impact on the Russian economy. According to experts, the impact will be indirect but can restore oil prices to $ 35 per barrel