OPEC may hint at potential for

OPEC may hint at the potential for freezing production agreement

Since the probability of a specific agreement between the restriction of production at the end of the informal meeting is not considered members of the Organization of Petroleum Exporting Countries (OPEC), investors are trying to understand what will be their communication to assess the chances of success at the official meeting of the organization 30 noyabrya.Ni Saudi Arabia nor Iran do not expect to meet the major manufacturers at 14:00 GMT soglasheniya.Ministr official oil of Saudi Arabia Khalid al-Falih told reporters on Tuesday that "this consultative meeting", while his Iranian counterpart Bijan Zanganeh insisted that now "no time for decision-making" .Zangane tried to maintain hope for an agreement at the next formal meeting. "We will try to reach an agreement in November," - he has noted in vtornik.Analitiki said that markets should not expect much from this meeting "Given that OPEC could not agree on anything in the last 12 months, it seems unlikely. it will be possible to it now, "- said in its forecast chief market analyst at CMC Markets Michael Hyuson.V message to the client, which was published on Monday, Morgan Stanley also suggested that OPEC would prefer to postpone the decision until the next meeting," We expect OPEC. celebrate, that this meeting lays the foundation for a more constructive and formal discussion at the official meeting of the organization in November », - Morgan Stanley.Analitiki wrote Credit Suisse also predicted that the meeting on Wednesday will serve more as a preparatory action" As we can see, manufacturers can. at least to inform (...) the key features of the proposals if they manage to come to an agreement to continue talks on the incarnation of the agreement in the life ".In addition, some experts pointed out that the majority of OPEC members do not have . Otivov to freeze or cut production, "In fact, most of the participating countries, OPEC and other major oil producers are preparing for further expansion of production in the future", - says the expert Ellen R. Ould analyzing their namereniya.Morgan Stanley noted a similar trend in its . report, indicating "reasons to be skeptical," "Many OPEC members have reported plans to increase production", - analysts say banka.Oni come to the conclusion that "it does not hurt to freeze for one year, but is contrary to the intention iyami ".In while market participants expect the conclusion of the International Energy Forum and hoping for any possible comments on the results of the negotiations of OPEC, oil prices mark the rise after yesterday's data from the American Petroleum Institute showed an unexpected decline in US oil inventories.

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