Open Demo Account
Home / Market Update / Commodities / Russian Oil Companies Looking at Possible Extent of Production Cuts Q1 2021

Russian Oil Companies Looking at Possible Extent of Production Cuts Q1 2021

Adel 2 November, 2020 6:29 pm Commodities, Market Update

Interfax news agency reported, citing sources, that senior managers of Russian oil companies discussed with Energy Minister Alexander Novak a possible extension of the current oil production cuts to include the first quarter of 2021.

Interfax, citing a source, said that oil companies favor an extension of the existing cuts during the first quarter of 2021, rather than an increase in the size of the cuts.

Tags

Check Also

What do markets expect post-Powell, Lagarde’s recent statements?

Powell Cites “Actual Advancement” While Central Bankers Evaluate War Against Inflation. Christine Lagarde, the head …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends