Russia is ready to fulfill OPEC+ deal in January - Ifax

01/15/2020 | 05:53am

Russia is ready to comply with the OPEC+ oil output cut deal in January, Russia's Interfax news agency quoted Energy Minister Alexander Novak as saying on Wednesday.

"Naturally, we have our obligations, we will fulfill them," he said.

OPEC+ has been capping its output since 2017 to balance out supply and demand on the global oil market as well as to prop up oil prices.

(Reporting by Vladimir Soldatkin; Writing by Anastasia Teterevleva; editing by Louise Heavens)

© Reuters 2020
Copier lien
Latest news about "Economy & Forex"
2m ago
24m ago
24m ago
24m ago
36m ago