Brent rises in price in anticipation of OPEС+ decisions

Oil prices are rising in anticipation of OPEC+ decisions on oil production in February.

Brent is trading above $50 a barrel again

Data from the American Petroleum Institute (API) showed an increase in US oil stocks last week.

Brent price went down to $49.92 per barrel

Oil prices are declining due to the deterioration of the OPEC forecast for the dynamics of oil demand in 2021.

Iran intends to sell more than 2.3 million barrels of oil per day in 2021

This year Iran sold an average of 600 to 700 thousand barrels of oil per day.

OPEC+ has not yet submitted proposals on the level of production cuts in 2021 following the meeting on November 17

The participants in the OPEC+ deal postponed the decision on the level of production.

Oil prices are growing steadily

Brent price went up above $40.

Oil price dynamics amid a price war between OPEC and Russia

Over the past week, world oil quotations have experienced serious volatility.