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Prior to this Financial Times wrote, citing a senior deputy of one of the OPEC countries, Saudi Arabia will sign an agreement without the participation of Iran.
oil prices rebounded almost 50 percent from a 12-year low in mid-winter, when Saudi Arabia and the Russian Federation spoke on the limitation of production to reduce the excess supply in the global market.
Positive data from the connections of the states and China. Pointing ayut that the probability of not less than the highest demand for oil and the data on the lowering of the number of active drilling in the US in the week failed to significantly support the price.
In the ad the Saudi minister has responded in the Kremlin, according to ryb.ru. But Tehran, according to the newspaper, does not plan to join the frozen production.
As the FT wrote, authorized by the Gulf questioned Iran’s ability to dramatically increase production and decided to sign an agreement without it. – Without Saudi Arabia such arrangements are impossible. It was suggested that the level of resources to stop production at the stage of January this year.
Meanwhile, traders will be watching the data on the number of active rigs in the United States, which later at the end of the working week will publish the oilfield services company Baker Hughes Inc. Futures reached a minimum closing level since March 15.
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