Zemlje OPEC su se dogovorile da smanje ponudu nafte, nakon 8 godina, kako bi uticali na rast cene na svetskom tržištu. Početna reakcija je dala rezultate i cena nafte je skočila – Brent za 10% na 51.94 US$ za barel i Crude za 9% na 49,53US$ za barel. Ostaje da se vidi da li je zaočekivati da će trend cena biti uzlazni ili je potrebno obezbediti se od mogućeg iznenadnog pada cene, kao tokom 2014. godine.
Dogovor iz Beča nameće smanjivanje ponude nafte po zemljama članicama OPEC-a od januara 2017. godine i to na 32,5 miliona barela na dan, odnosno za ukupno za 1,2 miliona barela na dan. Predočeni su samo određeni proračuni budućeg smanjenja: Alžir za 50 miliona, Angola za 80 miliona, Ekvador za 26 miliona, Gabon za 9 miliona, Iran za 90 miliona, Irak za 210 miliona, Kuvajt za 131 milion, Katar za 30 miliona, Saudijska Arabija za 486 miliona, Ujedinjni Arapski Emirati za 139, Venecuela za 95 miliona (Indonezija je suspendovala članstvo jer ne može da učestvuje, dok su Iran, Nigerija i Libija izuzeti zbog sankcija i nemira). Nadzor je poveren Alžiru, Kuvajtu i Venecueli.
Ugovor je oročen na šest + šest meseci. Zemlje koje nisu članice OPEC-a solidarno bi smanjili sopstvenu proizvodnju tokom prve polovine 2017. godine i to za 600.000 barela na dan (samo Rusija 300.000 barela na dan).
Ideja je da se uredi tržište kako bi podstakli investitore da ulažu u nove proizvodne kapacitete, čime bi osigurali buduću ponudu, pa i uljanih škriljaca. Samo da takav potez ne dovede do pada njihovih cena, kao tokom 2008. godine, ali i 2014. godine, kada je dramatičnom padu cena nafte kumovala prezasićenost na strani ponude.
The OPEC countries have agreed to cut oil supply for the first time in eight years in order to influence a rise in global oil prices. The initial reaction produced results, with Brent crude rising by 10% to USD 51.94 per barrel and WTI crude increasing by 9% to USD 49.53 per barrel. It remains to be seen whether this upward price trend will continue or whether measures are needed to hedge against a potential sudden price drop, similar to what happened in 2014.
The Vienna agreement sets out a reduction in oil supply among OPEC member countries starting from January 2017, to 32.5 million barrels per day, representing a total cut of 1.2 million barrels per day. Only certain proposed reductions were specified per country: Algeria 50 million barrels, Angola 80 million, Ecuador 26 million, Gabon 9 million, Iran 90 million, Iraq 210 million, Kuwait 131 million, Qatar 30 million, Saudi Arabia 486 million, United Arab Emirates 139 million, and Venezuela 95 million (Indonesia suspended its membership because it cannot participate, while Iran, Nigeria, and Libya are exempt due to sanctions and unrest). Oversight of the agreement has been entrusted to Algeria, Kuwait, and Venezuela.
The agreement is initially set for six months, with a possible extension of another six months. Non-OPEC countries would collectively reduce their own production during the first half of 2017 by 600,000 barrels per day (with Russia alone cutting 300,000 barrels per day).
The idea is to stabilize the market and encourage investors to invest in new production capacities, ensuring future supply, including oil from shale. However, such a move carries the risk of causing a price drop, as occurred in 2008 and again in 2014, when a dramatic fall in oil prices was triggered by oversupply.