According to Arab Net, she added that the group would probably reduce oil production cuts about 2 million barrels per day between August and December.
Saudi and Russia reached an initial agreement on increased oil production,
Countries in the OPEC + Oil producers meet Thursday and are expected to agree to increase production in August to cover demand and reduce rising crude prices.
Crude prices returned to the last time in October 2018, which usually supports pro-production views.
The meeting will launch an online conference to be held by Member States of the Organization of Petroleum Exporting Countries (OPEC), led by Saudi Arabia on Thursday at 11.00 GMT.
After four hours, the tenth oil produced by Russia, which is with OPEC members, will join what is known as the OPEC +.
The coalition has voluntarily reduced since 2016 oil production to maintain price stability, especially since Kovid pandemic last year's global demand.
Since April 2020, millions of crude drums left with deliberate, a wise strategy that points to BV Steven Brenuk's analyst that it was quite correct so far.
After falling at the beginning of Kovid, oil prices rebounded about $ 75 a barrel for Brent, North Sea and West Texas, the most prominent mediator.
OPEC + is expected to maintain its overall strategy while many looks a minor increase of about 500 thousand barrels per day as of August.
This will mean the need to convince Russia, at a time when Moscow seeks to maintain its market share and also want to sell more oil to support its resource-rich economy.
OPEC + has already benefit from increased prices, but if it is significantly high, these competitors are encouraged to resort to resources not included in the production quotas imposed by the Alliance.
The risk of delta mutations
The analyst at Comirsbank Eugene and Wenberg said: There seems to be a shortage of agreement between the two main countries in the coalition, Russia and Saudi Arabia, on whether production should be increased in August. If so, what is the amount.
Although Russia wants to pump more oil, the delta crushed outbreak can limit demand in many parts ...
