The price of oil today, Monday, stabilized with traders evaluating the “OPEC+” decision to gradually increase production. The price of the intermediate ru of West Texas rose 0.6% to about $ 62 a barrel, after falling by more than 3% last week. The “OPEC+” coalition on Sunday decided to raise production with 137 thousand barrels a day in October, which is less than the increase in the previous two months, which investors asked to withdraw their pessimistic positions. Read the details: “OPEC+” continues to strengthen oil supplies by increasing the production of 137 thousand barrels per day, and increasing production and the expectations of the surplus form the “OPEC+” decision to increase production, as opposed to the production reduction policy that would continue to the end of 2026, after a rapid return to oil production, in the past few months, in the past few months. to restore the market. In August, the International Energy Agency expected the surplus oil to reach a record level next year, which is expected by Goldman Sachs to pay the price of Brent ruol to the level of $ 50 a barrel. Also read: What are the expectations of oil prices expertise after the production “OPEC+” has been raised again? The Brent -Ru price fell by 11% this year, and customs tariffs imposed by US President Donald Trump negatively affected the expectations of energy demand for energy. Oil prices have received support in recent months thanks to the strong demand during the summer season, which is being driven to travel in America and Europe, in addition to local demand in the Middle East, but this support may fade with the approaching winter.
Oil prices stabilize with the evaluation of the “OPEC+” decision to increase production
