Report: OPEC+ may put off output cut due to RussiaТs resistance - 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

Report: OPEC+ may put off output cut due to RussiaТs resistance

MOSCOW, Dec 4 (PRIME) -- OPEC and non-OPEC states may postpone a further reduction of oil production due to RussiaТs resistance to a significant cut, Reuters news agency reported on Tuesday quoting sources.

УOPEC and its allies are working towards a deal to reduce oil output by at least 1.3 million barrels per dayЕ (because) RussiaТs resistance to a significant production cut was so far the main stumbling block,Ф it said.

Russian sources have indicated the country could contribute some 140,000 barrels per day to a reduction, but OPEC insists Moscow cut by 250,000-300,000 barrels per day, Reuters added.

End

04.12.2018 13:33
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 77.7854 -0.0969 27 may
USD 71.1408 -0.4554 27 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1224.99 +0.95 18:50 26 may
micex 2754.04 -0.14 18:50 26 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.86 -0.35 18:49 26 may
lkoh 5445.00 +0.60 18:49 26 may
rosn 374.40 +0.12 18:49 26 may
sber 194.00 +1.57 18:49 26 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 77.7950 -0.3775 14:59 26 may
USDTD 70.6200 -1.1325 17:44 26 may