OPEC will cooperate with Russia to reduce producti

2022-10-14
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OPEC will work with Russia to reduce production. International oil prices rose on the 18th

OPEC Secretary General valjindo said on the 18th that Russia has been actively trying to stabilize international oil prices by expanding parameters including combustion heat release, combustion smoke density and combustion toxicity. OPEC and Russia will jointly promote the implementation of the production reduction agreement at the November meeting

the average value was boosted by this news, and the international oil price rose on the same day

as of the close of the day, the futures price of light crude oil for November delivery on the New York Mercantile Exchange rose by US $0.35 to close at US $50.29 per barrel, an increase of 0.7%. London Brent crude oil futures for December delivery rose $0.16, or 0.3%, to close at $51.68 a barrel

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