10:22 GMT13 April 2021
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    Is there hope to reverse the drop in oil global prices as the OPEC countries propose to freeze production?

    Pump The Brakes

    Replying to the question of how likely is a deal to be reached at the OPEC summit in November, Ben Aris, Business New Europe editor-in-chief, told Sputnik that OPEC countries won't "radically cut production in order to inflate prices beyond $50-55 a barrel."

    Related:

    Russia's Oil Exports to Grow by 16Mln Tonnes by 2019
    Russia Ready to Join Oil Production Freeze - Energy Minister
    Western Sanctions Result in 'Unusual Improvements' for Russian Oil Industry
    Rosneft to Fully Comply if Russia Joins Deal to Limit Oil Production - Spokesman
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    oil prices, oil producers, oil production, oil, OPEC
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