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Age : 49
Country of residence : Unknown
Biography : Alexander Valentinovich Novak is the Deputy Prime Minister of Russia. Presently, he holds the positi

Russia's Novak eyes OPEC+ oil output increase by 2 million bpd by April

12/03/2020 | 04:37pm EST

MOSCOW (Reuters) - Russian Deputy Prime Minister Alexander Novak told state Rossiya-24 TV on Thursday the cumulative oil output increase by the OPEC+ group will likely reach a planned 2 million barrels per day (bpd) by April barring a force majeure.

OPEC and Russia on Thursday agreed to slightly ease their deep oil output cuts from January by 500,000 bpd comparing to earlier planned 2 million bpd.

(Reporting by Vladimir Soldatkin; Editing by Chris Reese)

© Reuters 2020 / Crédit photo © Maxppp
Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL -2.91% 54.8 Delayed Quote.9.17%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.30% 73.4628 Delayed Quote.-0.66%
WTI -3.09% 52.11 Delayed Quote.11.60%
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