Representatives of member countries of the OPEC again failed to agree on limiting crude oil production. About it reports Reuters with a reference to one of the delegates of the meeting held on Thursday, June 2, in Vienna at the headquarters of the organization.
In addition, it is reported that the new Secretary-General of OPEC, it was decided to choose a Nigerian Mohammed Barkindo.
The price of Brent crude on London exchange ICE on the background of these reports decreased by 1.68 per cent to 48.9 per barrel. Brand WTI fell by almost 2 percent, to 48,05 dollars.
Representatives of the Ministry of energy of Russia, non-OPEC, in the summit in Vienna is not involved.
At the previous meeting of the Organization of countries-exporters of oil, held in Doha on 17 April, the agreement on the freezing of oil production was not achieved.
The organization of countries-exporters of oil (OPEC) is an international intergovernmental organisation of oil-producing countries: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Libya, UAE, Algeria, Nigeria, Ecuador, Angola and Indonesia.