Tag: the oil production Decline

Oil producing companies of Russia supported the deal, OPEC+ and confirmed their readiness to follow its terms. This was announced by Minister of energy Alexander Novak. He also noted the important role of the President in entering into a new agreement on oil

OPEC members+ have agreed a new deal to reduce oil production, which will run until may 1, 2022, said Minister of energy of Russia Alexander Novak. For the first two months of production will reduce by 10 million barrels per day