Home / Market Update / Russian Energy Minister Urges OPEC + Members to Fully Adhere to the Production Agreement

Russian Energy Minister Urges OPEC + Members to Fully Adhere to the Production Agreement

Russian Energy Minister Alexander Novak said in an opening speech to an OPEC + committee meeting via the Internet that he urged participants in the group’s oil production cut agreement to fully adhere to the pledged cuts.

He also said that the monitoring committee should discuss the impact of the Coronavirus crisis as oil markets are recovering with difficulty.

Check Also

Market Drivers — US Session: Upon US Dollar’s Retreat, What’s Next for Currencies and Commodities?

The US dollar’s recent retreat has stirred global markets, spotlighting tensions in currency pairs, gold …