‎OPEC+ may reverse oil output hike after April if necessary: Novak

‎OPEC+ may reverse oil output hike after April if necessary: Novak ‎OPEC+ may reverse oil output hike after April if necessary: Novak

​‎

Russia’s Deputy Prime Minister Alexander Novak

OPEC+ agreed to start increasing oil production from April, but could reverse the decision afterwards if there are market imbalances, Reuters reported, today, March 7, citing Russia’s Deputy Prime Minister Alexander Novak.

Advertisement

Russia produced less oil in February than the quota it agreed with the OPEC+ group.

 

Russia’s Deputy Prime Minister Alexander Novak

OPEC+ agreed to start increasing oil production from April, but could reverse the decision afterwards if there are market imbalances, Reuters reported, today, March 7, citing Russia’s Deputy Prime Minister Alexander Novak.

Russia produced less oil in February than the quota it agreed with the OPEC+ group.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement