Date: 3 months ago   Category: Economy

The countries of OPEC agreed about decrease in volume of oil production


The Organization of Petroleum Exporting Countries of OPEC and the state which are not entering into this organization, including Russia, agreed about decrease in volume of oil production by 1.2 million barrels a day.

reported about it the minister of oil of Iran Bizhan Namdar Zanganeh in an interview to the Iranian state television in Vienna, DW writes.

according to Zanganeh, 15 countries of OPEC will reduce oil production volume by 800 thousand barrels a day, and the states which are not entering into this organization - on 400 thousand barrels. It is authorized to Iran as the country which is under sanctions of the USA not to participate in this agreement.

preceded the Conclusion of the arrangement on reduction of oil production hours-long negotiations mainly between Saudi Arabia, Iran and Russia. The day before representatives of 15 countries of OPEC at a meeting in Vienna could not agree about decrease in volume of oil production, the world prices for which fell off since October for 30 percent.

Already led the first rumors about achievement of the arrangement by 25 states of OPEC to significant increase in prices of oil. Brent crude oil rose in price almost for 3 dollars up to 63.04 dollars for barrel.

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