The Organization of the Petroleum Exporting Countries (OPEC) and non-cartel countries have agreed to keep oil production unchanged in April. Bloomberg became aware of this.
According to Reuters, OPEC + will allow Russia and Kazakhstan to slightly increase production in April, and a TASS source claims that OPEC + countries may postpone the recovery of oil production by the agreed 0.5 million barrels per day in May and distribute it for three months .
After this news, oil prices went up sharply. During trading on Thursday, March 4, the price of Brent crude soared above $ 67 a barrel, while WTI traded at $ 64.08 a barrel.
/Media reports.