In the B1.ro 20:00 newscast, Eugenia Gusilov analyzed OPEC+'s decision to voluntarily reduce production by 1.16 million barrels per day, with contributions from Russia, Saudi Arabia, the UAE, Kuwait, Oman, and Iraq.

This unexpected decision likely came as a response to the US announcement to release another 26 million barrels from its Strategic Petroleum Reserve. Essentially, the market is witnessing a confrontation between two opposing forces: American efforts to relieve price pressure by supplementing crude oil availability to keep prices in the 70 to 80 dollar range, versus OPEC's production cuts aimed at pushing prices toward 85 to 90 dollars per barrel.