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Oil: Prices jump by around 5% before the OPEC+ meeting

03/10/2022
Categories: Raw materials

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Two days before a face-to-face meeting of the Organization of Petroleum Exporting Countries and Their Allies (Opep+), oil prices jumped by around 5% at the first meeting Monday in the month of October. This situation leaves us waiting for a more drastic reduction in production. Around 12:30 GMT (14:30 CET), the American WTI rose by 5.03%, to 83.48 dollars per barrel, while its European counterpart rose from 4.47% to 88.95 dollars per barrel.

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