The steady price intention of oil producing countries obviously increased resistance in international oil prices

Xinhua News Agency, New York, September 6 (International Observation) Oil -producing country's stable price intention is obviously increased in international oil prices.

Xinhua News Agency reporter Liu Yan

With the significant decline in international oil prices in recent weeks, the oil output country (OPEC) and non -OPEC oil -producing country decided to reduce production slightly in October on the 5th, which reduced the monthly output of 100,000 barrels per day. Analysts believe that although the scale of production reduction is not large, the oil producing country has released clear intentions to maintain stability of oil prices, and the resistance of further decline in international oil prices has increased.

Recently, the prices of the main contract prices of Lightweight crude oil and London's Brent crude oil futures in New York have fallen to the level before the outbreak of the Ukrainian crisis, and it continues to fall. New York crude oil futures prices reached 122.11 per barrel of $ 122.11 on June 8. The recent high shock has fallen, and it has now fallen to less than $ 87 per barrel.

The significant decline in oil prices is undoubtedly unfavorable to the oil -producing countries relying on crude oil exports. OPEC has repeatedly emphasized the policy goals of maintaining the stability of the oil market.

OPEC issued an announcement on the 5th that the Ministerial Conference of OPEC and non -OPEC Oil producing oil countries held on the day noticed the negative impact of current market fluctuations and decreased liquidity, and the need to support market stability and operational efficiency. Continuously evaluate and prepare to make rapid adjustments to production in different ways as needed.

The UBS Group said on the 6th that although the average daily reduction of 100,000 barrels was insignificant compared with the average daily demand of 100 million barrels worldwide, the information passed on this decision was that OPEC and non -OPK oil producing countries would defend oil prices. The group's oil analyst, Jostani Steorovo, said that the decision to reduce production shows that the oil production country desires to keep oil prices above $ 90 per barrel.

Bill Falun Pois, the head of the British Energy Service Agency, said that although the production reduction measures were irrelevant in terms of scale, the OPEC and non-OPEC oil producing countries returned to the price observation model. Signal.

Analysts pointed out that at present, the factors for pushing oil prices include the demand for alternative fuel for the European energy supply dilemma, as well as the member states of the economic cooperation and development organization will end the release of strategic crude oil reserves. At the same time, the interest rate hikes of the European and American central banks have caused concerns about economic growth and the slowdown in oil demand, and the factors such as the delay of the new crown epidemic situation cannot be ignored.

Multiple uncertainty means that the oil price will still be based on interval consolidation by the end of this year. However, the intention of OPEC and non -OPEC oil -producing countries showed that oil prices continued to fall significantly or will face resistance.

Francisco Branqi, director of the Bank of America Commodity and Derivatives, said recently that the main oil -producing countries need to meet the risk of major supply and demand of the oil market at the same time, and these risks may promote the appearance of 5 to 20 US dollars per barrel of oil prices in the next few months. The rise and fall. Branch expects that the price of Brent crude oil futures will be $ 100 per barrel in 2023.

UBS Group predicts that by the end of this year, the price of Brent crude oil futures will be around $ 125 per barrel.

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