Report: Gazprom Neft hopes OPEC permits to increase output in June - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: Gazprom Neft hopes OPEC permits to increase output in June

MOSCOW, Jun 9 (PRIME) -- Russian oil company Gazprom Neft hopes that the OPEC deal participants will decide to raise the production limit at a meeting in June, CEO Alexander Dyukov told channel Rossiya 24 in an interview broadcast on Saturday.

УWe expect as well that this (decision to raise oil production) will be made,Ф Dyukov said.

УAnd we think this is an absolutely correct step. We see that the prices are high, about U.S. $75Ц80 per barrel, and the market is close to being overheated.Ф

In November 2016, OPEC and non-OPEC states agreed to reduce their oil production to rebalance the market. Russia joined the agreement in December 2016 with a promise to cut output by 300,000 barrels daily compared with the level of October 2016. The agreement was prolonged until the end of 2018 in November 2017.

End

09.06.2018 13:22
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 77.7529 -0.6084 21 sep
USD 66.4725 -0.5373 21 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1140.65 +0.58 18:50 20 sep
micex 2400.89 -0.15 18:50 20 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 154.35 -1.93 18:49 20 sep
lkoh 4701.00 -0.38 18:49 20 sep
rosn 438.70 +0.19 18:49 20 sep
sber 191.16 -1.41 18:49 20 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 78.0275 -0.1025 14:59 20 sep
USDTD 66.7525 -0.6175 17:44 20 sep