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Russia initially agree to extend a cut in oil production

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rocky
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Russia initially agree to extend a cut in oil production

Post by rocky on Thu 20 Apr 2017, 9:54 am

Russia initially agree to extend a cut in oil production

Date: 04/20/2017 12:25
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Information / Baghdad ..

Said Kuwaiti Oil Minister Issam Marzouki on Thursday for Russia's approval in principle to the extension of the oil producers of global agreement to cut production beyond June.

"Reuters" quoted Marzouki as saying that: Russia's commitment to a very good agreement rate and that everyone will continue to adhere at the same level. "

He added Marzouki, that "the proportion of producers in OPEC's commitment to and outside of the agreement exceeded 90 percent in March."

Marzouki pointed out that "crude production cuts may be less deep if OPEC producers decided not members of the organization to extend their agreement to reduce the amount of a six-month supply because of the expected oil demand rise for seasonal reasons in the second half of 2017" .anthy / 25



http://almaalomah.info/2017/04/20/economic/149105

    Current date/time is Sun 28 May 2017, 1:39 pm