Marcel Salikhov, Director of the Center for Economic Expertise of the Higher School of Economics, commented to a REGNUM correspondent, why the actions of OPEC do not suit the US Administration.
The American administration is not satisfied that the OPEC countries, which control about 5 million barrels / day of unused production, cannot agree on its return to the world market. Marcel Salikhov, Director of the Center for Economic Expertise of the Higher School of Economics, told a REGNUM correspondent about this.
"Although the United States is "in interaction" with OPEC +, in fact, it does not participate in the implementation of agreements to limit production - the authorities have no leverage over the decisions of private oil companies to increase or decrease oil production,- Salikhov said. - However, the United States is interested in increasing production from OPEC + and lowering the price level, since it is a net importer of oil. The US administration is not satisfied that the OPEC + countries, which control about 5 million barrels / day of production, cannot agree on the return of this production to the market".
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