The producers will not move, for now, the levels of oil that they supply. The warranty is given by the Secretary General of the Organization of Petroleum Exporting Countries (OPEC).
Speaking in Dubai, Abdullah al-Badri said that the oil price decline can only be related to speculation. There is no other justification in existing economic indicators.
“We want to know the real reasons that led to a drop in these prices. Speculation is contributing significantly “to this decline, he said.
The price of Brent crude oil in London dropped this week to close to $ 64 and the price of the American variety dropped to less than $ 61 .
In the peak of the year, recorded in June, that came to be above $ 100, the price of “black gold” has fallen nearly 45%.
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