Tag: the Reduction of oil production

OPEC members+ have agreed on a deal to reduce oil production. Its volume will be 10 million barrels per day. Another 5 million barrels per day promise to reduce the production of countries not participating in the agreement

Today held the first meeting of OPEC countries+ by reduction of oil production since the failure of the last transaction. Depending on the outcome, the ruble may have to wait several scenarios, from a steady strengthening to a significant weakening

The discussion deals with the OPEC+ will become one of the Central themes of all news agencies. Expert "RG" does not exclude that the ruble may start a new attempt to adjust to the protracted wave attenuation

Russia is ready to join efforts with other countries to cut oil production about 10 million barrels a day, said Vladimir Putin. "Of course, all of this should occur in a partner," the President added

To restore stability in the industry need to make a decision on coordinated action to reduce oil production. This was stated by Minister of energy Alexander Novak, noting that April 6 will be held online-meeting OPEC Ministers+