OPEC and Russia agree to raise oil supply starting from January
OPEC and Russia have found a new agreement on the production cuts, in the attempt to support the price of the crude oil. The production will be increased of only 500 thousand barrels a day, instead of the 2 million foreseen by the previous agreement. A news which has been considered positive, since the price per barrel immediately grew over 45 dollars in Wall Street, earning over a percentage point. It is a compromise that should satisfy all the parties involved.