OPEC not interested in changing levels of oil production

According to a statement today by the senior official representative of the OPEC delegation, the organization won’t take a decision about changing the level of oil production in the forthcoming meeting in June. Russia and other producers of the ‘‘black gold’’ are favoring this.

"It is unlikely that OPEC will decide to change to the level of production for two reasons: Russia and other drillers not included in the cartel have not supported the idea of ​​reducing production. Another reason is the strengthening of the oil market," RIA News cites him.