OmanТs Min says appointment of new Saudi Min not to affect OPEC+ - Oil & Gas - 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

OmanТs Min says appointment of new Saudi Min not to affect OPEC+

ABU DHABI, Sep 9 (PRIME) -- No changes in the policies of the OPEC plus nonmember agreement of oil output reduction are to happen after appointment of Prince Abdul Aziz bin Salman as the new Saudi ArabiaТs Energy Minister, OmanТs Oil Minister Mohammed Al Rumhi told reporters on Monday.

УI do not think so. I think they said yesterday that work will be done as usual,Ф Al Rumhi said.

He said that it is too early to say whether the agreement participants must cut production more in 2020.

In November 2016, OPEC and non-OPEC states including Russia first agreed to reduce their oil output to rebalance the market. In December 2018, the states decided to cut production by an additional 800,000 barrels per day for OPEC and 400,000 barrels per day for non-OPEC states, including 228,000 barrels per day for Russia, from the level of October 2018. In July, they prolonged the deal until April 2020.

End

09.09.2019 09:24
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 68.7705 -0.0118 21 feb
USD 63.7413 +0.0540 21 feb
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1535.81 -0.41 18:50 20 feb
micex 3125.10 +0.34 18:50 20 feb
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 234.60 +1.16 18:49 20 feb
lkoh 6543.50 +0.53 18:48 20 feb
rosn 470.40 +1.02 18:49 20 feb
sber 250.15 +0.18 18:49 20 feb
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 68.8300 +0.2100 14:59 20 feb
USDTD 63.9025 +0.2550 17:44 20 feb