That has the Nigerian olieminister confirmed, after earlier rumors about an agreement, the head had raised. That latter was responsible for a strong increase of the oil prices.
According to the minister, the OPEC countries, a production of 32.5 to 33 million barrels per day agreed from november. That are approximately 750,000 barrels less than in August per day, oil was pumped up.
The OPEC countries are calling a special committee in the life that the details of the agreement will work out and the assignments to determine. In november, more about this be known.
Production
The OPEC countries account for about 40 percent of global production. Now the member countries have to agree, it is the case also countries not in OPEC are connected, such as Russia. It is still spoken.
Russia, which recently his production is still huge. The country currently accounts for 11.1 million barrels per day.
After the messages have reached an agreement to out had come, made the oil price jump into the air. For a barrel of American oil was in the slotbel on Wall Street 46,72 dollars are afgetikt and that meant an increase of 4.5 percent. Brent climbed by 5.1 percent to 48,29 dollar per barrel.
Low rates
With an agreement about the production should oil prices propped up. Many oil producers such as Saudi Arabia, but also Venezuela have suffered from the low prices, because the income is heavily under pressure.
It is for the first time in eight years that the OPEC countries reached a political agreement on a production. According to experts, this means the deal may also be an improvement in the ratio between sworn enemies Iran and Saudi Arabia. Since 2014 clash of the superpowers already have the olieproblematiek.
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