June 21, 2021

Brent rises 2.41% at the open, to $ 28.50

The price of a barrel of Brent for delivery in June rises 2.41% in the London futures market this Friday, to stand at $ 28.50, according to market data collected by Efe.

Brent closed the previous day with a slight increase of 0.46%.

The market remains highly volatile despite the fact that OPEC and its main allies, with Russia in the lead, agreed last week to reduce production by 9.7 million barrels per day (mbd), to deal with the coronavirus.

OPEC estimates that the world will consume an average of 92.82 million barrels of crude oil per day this year, 6.8% less than in 2019 due to the pandemic, a drop in “historic” and “unprecedented” demand “


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