The price of oil on the world market has risen as a correction over the past day.
Brent oil futures for January delivery rose by 0.82% to $ 82.72 a barrel.
Meanwhile, WTI January futures rose by 0.66% to $ 80.28 a barrel.
The day before, during the reporting period on November 15, the oil price fell by about 1%, which was due to the US Department of Energy forecast. According to the forecast, oil production in December in the major oil and gas producing regions of the United States will increase by 85 thousand barrels per day, or 1% - to 8.316 million barrels.
Due to the declining demand for oil caused by the coronavirus pandemic, OPEC + has reduced production by 9.7 million barrels per day since May last year.
With the stabilization of the situation, oil production has more or less resumed. From August 2021, the Alliance increased oil production by 400 thousand barrels per month.
Since then, the organization's member states have met every month and discussed the production plan for the next month.
The OPEC + ministers, at a meeting on November 4, 2021, unanimously decided to follow the plan and not to increase oil production more than planned.
