The market is based on the 30 per cent probability of OPEC deal
Market participants lay in prices 30 percent chance of OPEC deal, analysts say Goldman Sachs.
If the cartel to agree on production cuts to 32.5 million barrels a day, oil prices could rise to $ 50 a barrel or even a little higher. Further strengthening of prices will depend on how the agreement will be implemented in practice.
In case of failure of the transaction, quotes will fluctuate around $ 45 per barrel until the summer of next year, although immediately after the meeting on Wednesday, they will fall to around $ 40 per barrel.
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