Editor / Fu Tu Information Wudong
According to Futu News on July 1, US oil stocks rose collectively today. As of press time, Western oil rose nearly 5%, ConocoPhillips, Schlumberger and US crude oil funds rose nearly 3%, BP and Caron oil rose nearly 2%. Apache and Chevron rose more than 1%.
$WTI crude Oil main Company (2108) (CLmain.US) $It rose by more than 3%, a new high in more than two and a half years.
Saudi Arabia and Russia reached a preliminary agreement to increase oil production, but the increase was lower than expected, increasing production by less than 500000 barrels a day by December 2021, according to Bloomberg. OPEC+ had been expected to increase production by 500000 to 1 million b / d starting in August, compared with a more general forecast of 500000 b / d.
At last month's meeting, OPEC+ decided to increase its oil supply by 840000 barrels a day from the beginning of July, and this meeting discussed production targets for August and beyond. OPEC+ had been expected to increase production by 500000 to 1 million b / d starting in August, compared with a more general forecast of 500000 b / d.
OPEC representatives said OPEC + discussed extending the existing oil production agreement until 2022.