Oil price rises ahead of OPEC deal

Oil prices rose in anticipation of a possible extension of the reduction in oil production, which will be adopted at the next online meeting of OPEC + July 4. It is anticipated that volumes will be reduced by another 1-2 months by 9.7 million barrels per day to 7.7 million barrels per day.

At the time of writing, Brent is trading at $ 39.4 per barrel, and WTI - at $ 36.35 per barrel.