The US is not making an oil deal out of a good life – analyst
A new agreement between oil-producing countries appears to have already been agreed upon.
This forecast is given by senior analyst of BCS Premier Sergei Suverov, whose opinion is quoted by Moskovsky Komsomolets.
According to the expert, there is a high probability that a new OPEC+ deal will take place, and with the participation of the United States.
“And, judging by the leaks from the Ministry of Energy of the Russian Federation about the three-month period of the new agreement, preliminary parameters have already been agreed upon. At the same time, the updated composition of OPEC+ will include, in addition to the States, Brazil, Canada and Norway. Washington has one condition: they will not artificially reduce production, they will simply take into account the natural decline in shale production (about 1 million bpd) as part of the deal. The United States will not join the rest because of a good life: over the past week, several American shale companies declared bankruptcy (there are about 6 thousand of them in the country), which resulted in irrevocable losses for investors and the stock market,” the publication notes.
Let us remind you that today OPEC+ countries will hold negotiations via videoconference, within the framework of which an attempt will be made to reduce production in order to stop the fall in oil prices.
The US is not entering into an oil deal because life is good, says analyst