Global oil prices drop after OPEC meeting postponed
13:20 - 06/04/2020
International oil prices fell, today, Monday, by 3%, after talking about the possibility of postponing the upcoming meeting to discuss reducing oil production between OPEC and countries outside it.
According to the data circulated, the price of Brent North Sea crude futures for June fell 1.61% to $ 33.56 a barrel. West Texas Intermediate futures fell 3.18% to $ 27.43 a barrel.
In the same context, the Russian presidential spokesman, Dmitry Peskov, announced on Sunday that Russia did not support the dissolution of the "OPEC +" agreement and that Moscow and Russian President Putin were looking forward to a constructive negotiation process in this regard.
Earlier last month, OPEC failed to reach an agreement with a number of independent producers, led by Russia, on a new agreement to cut supplies and control prices. Ended 25