The oil prices They rose this Monday driven by the cut in Russian production from March announced last Friday.
the barrel of crude Brent for delivery in April it rose 0.25% this Monday and closed at 86.61 dollars in the London market, while in New York the barrel of WTI for March increased 0.52%, to close at 80.14 dollars.
Kpler analyst Matt Smith said traders are still mulling the outlook for the production cut of 500,000 barrels per day by Russia from March, announced on Friday.
The longer-term implications [del anuncio] will depend on the extent to which cuts will reflect a contraction in exports in an already tense market,” Eurasia Group analysts said in a note.
In the last four weeks, Russian exports by sea fell by 200,000 barrels per day, that is, more than 5 percent.
The effect of the Russian reduction was all the more significant as the Organization of Petroleum Exporting Countries (Opec) and its allies in the agreement OPEC+ they immediately signaled their intention not to make up for the missing Russian amounts.
