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05.06.2020 WTI Daily Analysis
The Oil markets pushed higher in the early hours of the day. OPEC and its allies led by Russia are set to meet on Saturday to discuss extending record
Yazar: editor_1
Yayınlanma: 5 Haziran 2020 19:26
Güncellenme: 13 Kasım 2024 01:35
05.06.2020 WTI Daily Analysis
The Oil markets pushed higher in the early hours of the day. OPEC and its allies led by Russia are set to meet on Saturday to discuss extending record oil production cuts and to approve a new approach that proposes to force laggards such as Iraq and Nigeria to comply better with the existing curbs. OPEC previously agreed to cut supply by 9.7 million barrels per day during May and June to prop up prices that collapsed due to the coronavirus crisis. Cuts have been due to taper to 7.7 million bpd from July to December. US crude futures traded 1.7% higher at $38.06 a barrel. The international benchmark Brent contract increased by 2.4% to $40.94.İLGİLİ HABERLER
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