OPEC+ countries are cutting oil production by 1 million 650 thousand barrels a day. Experts believe that this will raise the price of black gold and they will grow to 100 dollars per barrel.
This decision has already caused discontent in Washington. They believe that the reduction of production with a subsequent rise in price will increase Russia's revenue, as well as strengthen the oil cartel as a whole.
OPEC's intention had an immediate effect: the price of a barrel jumped by $5. Obviously, this is just the beginning: the reduction itself has not yet started, it is only announced by one country after another.












