The deal OPEC+ on the reduction of oil production takes effect

OPEC Countries agree on reducing oil production.

the Transaction is OPEC+ on the reduction of oil production takes effect.

Vladimir Putin, the President of the United States Donald trump and the king of Saudi Arabia Salman bin Abdul-Aziz al Saud called. During the meeting, they supported the agreement, the press service of the Kremlin.

a Separate telephone conversation was held between Russian and American leaders. They exchanged views on the situation on the oil markets. In addition, participants discussed urgent issues of strategic security.

Earlier, the Minister of oil of Kuwait Khaled al-Fadil in his microblog on Twitter wrote earlier that OPEC+ signed a new deal, involving the reduction of oil production by about ten million barrels per day since may 1.

Press Secretary of the President Dmitry Peskov said that the Russian leader praised the deal struck during the talks, OPEC+. According to him, the document was the result of a compromise of 22 countries that have been able to negotiate the reduction of oil production.

the Final agreement involves a three-step reduction to get the black gold until the end of April 2022. At each stage, the States parties to the OPEC+ agreed to cut production by 400, 320 and 240 thousand barrels per day, respectively.

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