In April Russia could recover the loot in full

the Agreement OPEC+ ends 1 April. Saudi Arabia first announced its decision to increase oil production by 1 million barrels per day.

Russian oil companies after a pause can also increase oil production by 200 thousand barrels — up to the level that preceded the beginning of the transaction OPEC+ from October 2018.

“I think full volume, which was reduced 200 thousand, may be restored”, — told reporters the Russian energy Minister Alexander Novak (quoted by TASS).

After this statement the price of oil slowed growth: by 17:00 Moscow time the prices are rising by 2.5% to $34 per barrel than Brent.

Before 16:00 GMT the price of oil rose by 5-6% in London and new York, while a barrel of Brent is $35.

the energy Ministry predicts the growth of prices of oil on world markets to $40-45 in the second half of 2020.