Report: Some OPEC+ states want to prolong current terms for month
MOSCOW, Jun 2 (PRIME) -- Several OPEC plus states including Russia want to prolong the current conditions of the oil output reduction deal for a month, Bloomberg reported Tuesday, citing three delegates.
One of the delegates said that the deal participants were close to an agreement.
In April, the OPEC+ countries agreed to reduce their oil production by 9.7 million barrels per day in May–June, by 7.7 million barrels per day in July–December, and by 5.8 million barrels per day from January 2021 through April 2022. Russia’s share in the reduction will amount to 2.5 million barrels per day in May–June. The agreement is valid until April 30, 2022, but the members will revise its prolongation in December 2021.
End %%mk/jst%%
02.06.2020 13:55