InternationalInternational Economics

Oil prices rose, US pressure on OPEC began


The White House said it was in contact with OPEC over oil prices and would use any means to cover its costs, according to Reuters.

White House spokesman Jen Saki made the remarks after oil prices rose above $ 80 a barrel for the first time in three years.

According to Fars, oil prices rose for the sixth consecutive session yesterday, reaching over $ 80 per barrel, due to concerns about the shortage of oil supply and rising demand.

But at the end of yesterday trading fell $ 2 and today continued its downward trend.

The United States has previously tried to pressure OPEC and its so-called OPEC allies plus Push for price reductions and changes in the group’s policies.

It is said that when oil prices rise, the pressure on oil-producing countries to increase production increases. OPEC plus From the beginning of the crisis coronavirus And declining demand for oil in the world, by reducing its production and supply, controlled the price of oil and prevented it from falling.

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