OPEC and the country who joined the organization discuss the reduction of oil production by more than 1 million barrels per day, the leading world media reports.
It is reported that the income countries are afraid of the formation of an excess of supply in the market due to sliding into the recession of both leading economies of the world and developing countries.
After these messages, oil at Asian auction went up by 2.7%, Brent is traded at $ 87.4 per barrel.