Since 12/10/2016 11:17 pm (Baghdad time)
Baghdad balances News
Oil prices rose in global markets, on Wednesday morning.
And ascended futures price of Brent blend oil by 0.44% to $ 52.62 a barrel, while futures contracts for crude oil prices of WTI grew by 0.33% to $ 50.96 a barrel.
Experts say that this growth is the cause is due to expectations of a consultative meeting informally convened by the Organization of Petroleum Exporting Countries ( "OPEC") with the oil producers of non-members, on Wednesday, in Istanbul on the sidelines of the World Energy Conference, in an attempt to put the details of a global agreement to curb production for at least six months.
In the last month , "OPEC" countries agreed at a meeting in Algeria to cut production to a range between 32.5 million and 33 million barrels per day.
The production of members of the "OPEC" countries are now high of 33.6 million barrels Aumia.anthy 29 / D 24
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