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On July 1, a meeting of the OPEC + countries will be held, at which further prospects for the development of the oil market and restrictions on oil production will be discussed. Most likely, the alliance will decide to increase production in August by 500,000 barrels per day, say experts interviewed by Vedomosti.
The current position of Russia is to increase production to the maximum, adds an interlocutor of Vedomosti close to the Russian government. The figure for the increase in production is being discussed, the same as proposed by the alliance itself – 500,000 barrels per day, says another source familiar with the position of the negotiators from Russia.
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