@ 中国 新闻 网 April 10 news, on the 9th, OPEC + meeting was held as scheduled. In the statement of the meeting, OPEC + confirmed that it will start the first round of production reduction for a period of 2 months from May 1st, with a scale of 10 million barrels per day. This is the largest production reduction agreement since OPEC was founded. However, it was previously reported that it was possible to reduce production by 20 million barrels per day, so the agreement did not meet market expectations, and international oil prices plummeted by more than 10% on the 9th. As of the close, the price of WTI crude oil futures fell 9.29% to 22.76 US dollars / barrel; London Brent crude oil futures prices fell 4.14% to close at 31.48 US dollars / barrel.
(Originally titled “The largest production cut in OPEC ’s history was less than market expectations, and international oil prices plummeted after a sharp rise”)