22:20 - 05/24/2017
Said Russian Energy Minister Alexander Novak, on Wednesday, he said that "OPEC" and the producers are not members of the organization will discuss, on Thursday, an option to extend the current total oil production cuts for a period of 12 months to June 2018.
Novak said after an informal meeting of the Joint Monitoring Committee, which includes a number of OPEC ministers and independent producers, "the recommendation is to maintain the current quota."
"The period is nine months. Tomorrow we will discuss the possibility to extend another three months, until June 2018 ".anthy / 25