Home » Can OPEC+ continue to increase production optimism boost oil prices?丨Three thirty in the world

Can OPEC+ continue to increase production optimism boost oil prices?丨Three thirty in the world

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CBN 2022-01-05 16:07:05

Editor in charge: Hao Yunying

Since 2021, the center of gravity of international oil prices has fluctuated upwards. In the beginning of 2022, oil prices continue to fluctuate at a high level. What are the main factors affecting oil prices in the near future? On Tuesday, the OPEC+ meeting reached an agreement to continue to increase production by 400,000 barrels per day in February this year according to the plan in July last year. Can optimism push up oil prices further? Is the oil price rally not over yet?

Can OPEC+ continue to increase production optimism boost oil prices?丨Three thirty in the world

Since 2021, the center of gravity of international oil prices has fluctuated upwards. In the beginning of 2022, oil prices continue to fluctuate at a high level. What are the main factors affecting oil prices in the near future? On Tuesday, the OPEC+ meeting reached an agreement to continue to increase production by 400,000 barrels per day in February this year according to the plan in July last year. Can optimism push up oil prices further? Is the oil price rally not over yet?

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