OPEC + members agreed on Thursday to limit their production increase to
400,000 barrels a day
in December, despite consumers calling for more important measures to moderate the price hike.
The alliance's monthly production "will be adjusted upwards by 400,000 barrels per day for the month of December," the
Organization of the Petroleum Exporting Countries (OPEC) announced
in a statement after a summit of its 13 members together with its ten allies through of the OPEC + agreement.
After a brief meeting by videoconference, the ministers have decided to "reconfirm the production adjustment plan and the monthly adjustment mechanism approved at the XIX OPEC and non-OPEC Ministerial Meeting and the decision to adjust the general monthly production upwards by 0.4 million euros. barrels per day in the month of December ".
The OPEC countries and the producers outside the cartel have confirmed that they will meet again on
December 2.
After the OPEC + decision was known, the price of a barrel of Brent crude, a reference for Europe, remained above 82 dollars, with an increase of 0.78%, while WTI crude, a reference for States United, traded above 81 dollars, with a revaluation of 0.35% in the session.
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