330x110
 

Goldman Sachs: It`s too late to sign an agreement on oil production cuts

01.04.2020,14:27


April 1, Fineko/abc.az. It is very late to sign an agreement on the reduction of oil production, reports Goldman Sachs, one of the leading investment banks in the U.S.

"The signing of an agreement on the reduction of oil production is probably too late. Also, if possible, this will not be enough to ensure a reduction in consumption," the Bank notes.

It should be noted that US President Donald Trump has made efforts to discuss with Saudi Arabia and Russia the matter of the support for the oil market.