Report: OPEC+ states to meet in Jeddah to monitor oil cut deal Fri - 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: OPEC+ states to meet in Jeddah to monitor oil cut deal Fri

MOSCOW, Apr 17 (PRIME) -- A ministerial committee to monitor an agreement to reduce oil production by OPEC and non-OPEC states comprising 12 members will gather in Saudi Arabia’s Jeddah on Friday, Bloomberg news agency reported citing sources on Tuesday.

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.


17.04.2018 20:02
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 70.6350 -0.0196 24 jul
USD 63.1290 +0.1514 24 jul
Stock Market Indices
1D 1W 1M 1Y
rtsi 1344.57 +0.25 18:30 23 jul
micex 2699.81 +0.58 18:30 23 jul
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 217.28 +0.07 18:13 23 jul
lkoh 5199.00 +0.65 18:13 23 jul
rosn 429.25 +2.09 18:13 23 jul
sber 232.76 +1.05 18:13 23 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 70.5875 -0.0125 14:59 23 jul
USDTD 63.3000 +0.2500 17:44 23 jul