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    Home > Chemicals Industry > Petrochemical News > OPEC production cuts, the United States discusses replenishment, crude oil price 80-100 fluctuations will become a stage area

    OPEC production cuts, the United States discusses replenishment, crude oil price 80-100 fluctuations will become a stage area

    • Last Update: 2023-01-07
    • Source: Internet
    • Author: User
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    Oil prices fell below $90, OPEC has announced a production cut of 100,000 barrels / day, the United States revealed on Monday that it is discussing replenishing oil inventories, the world of oil is full of "intervention", the United States is the heaviest mind, in order to control inflation, the United States once united with consumer countries to jointly release inventories, want to suppress more than $100 oil prices, and another stage as the world's largest oil producer, in order to maintain the balance of petrodollars, and worried that oil prices fell too much, on Monday the United States revealed that it will replenish the inventory released in the early stage near oil prices close to $80

    The world's three major oil producers, the United States, Russia, Saudi Arabia, Saudi Arabia have affected OPEC to make production cuts, the intention to limit the further downward movement of oil prices is very clear, the United States at this time released $80 will be replenished, for oil prices low expectations have changed, in 2021 the United States once said that oil prices of $60-70 is appropriate, the current implication is that $80 can also be accepted, Russia is counting on energy revenues for Russia-Ukraine consumption support, naturally does not want oil

    Oil prices above $100 are considered by the United States to be not conducive to suppressing inflation, $80 oil prices Saudi Arabia believes are too low, and there is a high probability that oil prices between $80-$100 will be a stage of crude oil price fluctuation area
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