Oil (current news)

Oil prices remain positive in the course of trading on Monday. The main support for oil prices is provied by the expectation of the OPEC meeting with the shale oil producers within the framework of the CERAWeek conference, which will be held today in Houston.

In the course of this conference, OPEC will try to stretch the “Peace Pipe” to shale oil producers. The fulfillment of the OPEC pact remains at a high level, but it is worth noting that Russia is still insisting on the need for a strategy to withdraw from the agreement.

• At the moment, WTI crude oil is traded at $ 61.66, adding about + 0.67% in price.
• Brent crude oil is traded at around $ 64.78, adding about + 0.65% in price.

Alexander Sivtsov