empty
 
 
01.03.2019 11:17 AM
Pressure on OPEC could trigger oil prices to rise

This image is no longer relevant

According to Rick Perry, the head of the US Department of Energy, we can expect an explosive increase in energy prices in the event of an impact on OPEC through US legislation.

This week, oil prices dropped significantly after the statements of US President Donald Trump. The American leader called on the countries of the cartel not to raise oil prices. Earlier, in early February of this year, lawyers of the US House of Representatives approved the bill "No Oil Producing and Exporting Cartels Act" (NOPEC). This document gives the US court the authority to consider antitrust claims s against OPEC countries and other states suspected of colluding with the cartel. Thus, Rick Perry calls for caution and careful consideration of actions regarding the application of NOPEC.

Since the 1980s, the countries of the cartel did not set oil prices, but periodically entered into agreements to increase or reduce production to maintain the balance of the black gold market. Nevertheless, the American president accuses OPEC of artificially inflating prices. The administration of Donald Trump claims that the cartel controls the oil market, increasing the cost of American gasoline. However, Rick Perry does not agree with this. He believes that control over the black gold market is necessary to maintain stable prices. Without competent management, the situation can get out of control, the US Secretary of Energy sums up.

This image is no longer relevant

Larisa Kolesnikova,
Experto analítico de InstaForex
© 2007-2024
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $9000 más!
    ¡En Mayo, sorteamos $9000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback