Los prices of the oil They closed the first day of the week with losses of about 2% after the organization of oil export countries and its allies (OPEC+) confirm the increase in crude oil production
The June contract of United States WTI 2.16% fell with respect to the closure of the previous day, to $ 57.03; while the Brent del Mar del Norte For delivery in July, 1.89%yielded, at $ 60.13 per barrel, according to data from Bloomberg.
Oil yields to an increase in OPEC+
With the increases in April, May and June the increase in the production of nations that make up the OPEC+ will reach the 960,000 barrels per day (BPD), the figure represents 44% of the cut of 2.2 million BPD agreed since 2022.
According to sources close to the oil group, the cuts production volunteers could get to an end during October If the members do not improve compliance with their production fees.
Saudi Arabia It is one of the countries that has pressed the most to end the cuts that were imposed long ago to punish Iraq and Kazakhstan for the scarce fulfillment of their production quotas.
The increase in production, instigated by Saudi Arabia, has so much to do with defy
said Ole Hansen, Saxo Bank analyst.
He added that adding more barrels to the economic deceleration will weigh on prices Until you have a clearer image of the impact of demand.
With Reuters information
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