The deal OPEC+ allowed to avoid chaos in the oil markets – Sands

Photo: depositphotos/carloscastilla

In the Kremlin commented on the new deal OPEC+. The agreements on oil was evaluated positively, transfers “the”.

Press Secretary of the President of Russia Dmitry Peskov said that the transaction helped to stabilise the situation on the oil markets.

“This transaction allowed us to avoid going back to oil markets into chaos, will maintain more or less stable price dynamics,” – said the representative of the Kremlin.

Peskov Also added that the agreements between the countries-participants of the deal indicate that States are able to reach consensus and understanding.

between OPEC+ the transaction took effect on 12 April. It became known that the agreement implies a reduction of oil production at 10 million barrels per day since may 1. In the future we plan a gradual decline in the production of black gold by 18% (to the end of 2020), and then to 14% (until the end of April 2022).

a Historic deal concluded OPEC+

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the Expert told about the dynamics of oil prices after the OPEC deal Putin welcomed the agreement reached by OPEC+ agreement – Sands