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Oil prices reacted sensitively to media reports on the disagreement in the Opec + oil network. In the morning, a barrel of North Sea Brent cost $ 47.11. It was $ 1.14 cheaper than on Friday. The price of a barrel of US West Texas Intermediate (WTI) fell from $ 1.02 to $ 44.51.
The Opec + oil network reportedly failed to agree on a short-term production policy at an informal meeting over the weekend. On Monday and Tuesday, discussions will continue in an official round. The question is whether the oil states should increase their production early next year or whether existing production limits should continue to exist for the time being.
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