OPEC Plus cuts oil production a bit The main goal is to signal that it is always ready to cut production. If the price of oil goes down too much
On September 5, 2022, the AP news agency reported that the world's leadingเกมยิงปลาoil-producing countries - OPEC. Along with its allies, including Russia, OPEC Plus (OPEC+) announced a reduction in oil production in October by 100,000 barrels per day. That's a small percentage from the 43.8 million barrels per day production target.
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such reduction Causing the price of crude oil in the world market to move up slightly. The price of US crude rose 3.3 percent to $89.79 a barrel. Brent, on the other hand, rose 3.7 percent to $96.50 a barrel.
This decision was viewed as OPEC wants to reduce ceremonial to signal that OPEC Plus is ready to reduce production at any time. According to the Saudi Energy Minister It was said in August After OPEC recently announced an increase in September production by 1 hundred thousand barrels per day.
A Persian Gulf national source told Reuters that OPEC Plus members are confident of Prince Abdulaziz bin Salman Al-Saud, Saudi Energy Minister. Intervene in production at any time if necessary. to maintain stability in the crude oil market