| Organization of the Petroleum Exporting Countries (OPEC) and non OPEC oil producing countries5Held in Vienna, the capital of Austria33The sub ministerial meeting has decided to start this year11Starting from the month, there has been a significant reduction in production8Reduce the daily average of monthly production based on monthly production200Ten thousand barrels. The scale of this production reduction is equivalent to the global average daily oil demand2%。 In a statement released after the meeting, OPEC stated that given the uncertainty of the global economy and oil market prospects, it is necessary to strengthen long-term guidance for the oil market, take proactive and proactive intervention measures, and major oil producing countries will make this production reduction decision. Recently, due to market concerns about the global economic outlook, internationalcrude oilThe price fluctuated and fell. New York crude oilfuturesThe main contract price starts from this year6Monthly barrels exceeding120The US dollar has fallen to its current level per barrel90Around the US dollar, falling back to this year2The level before the escalation of the Ukrainian crisis in June. London Brent crude oil futures prices have also shown a similar trend. 2020year4In April, OPEC and non OPEC oil producing countries reached an agreement on production reduction due to the impact of the COVID-19 epidemic and other factors on oil demand. since2021year5Starting from June, with the easing of the epidemic and the recovery of oil demand, major oil producing countries have gradually increased their oil production. this year9In January, major oil producing countries announced for the first time in more than a year a reduction in their monthly production, and this year10Monthly production per month with daily average decrease10Ten thousand barrels. 5The meeting also decided that OPEC and non OPEC oil producing countries should34The sub ministerial meeting will be held this year12month4Held on the day of. |
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