Agreement OPEC and Russia will not change the situation on the world oil market
The agreement concluded between Russia and OPEC, will not affect the growth of quotations on the world oil market. Such a statement was made by analysts, according to Bloomberg. This week marked drop in prices, despite the fact that a few days ago, the country entered into an agreement to freeze the black gold. As of 11 am, EU time, a barrel of oil on the market offer 33.7 dollars, whereas before the signing of the oil agreement was trading at US $ 35 per barrel. The share of the market, which will be reduced due to Russia, Venezuela, Saudi Arabia and Qatar, will be replenished at the expense of Iran, who said he did not intend to reduce production levels.
Experts believe that Iran will take advantage of the situation and fill the market of its own oil, and this, in turn, may adversely affect the value. The Iranian authorities have stated that for many years the country has lived under sanctions, so not going to cut production levels, in fact, Iran is going to go to the previous level, as an exporter of black gold.
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