Russia’s Energy Minister Alexander Novak is on the wires now, via Reuters, commenting on the deal reached by the OPEC and its allies (OPEC+) and on their future plans.
OPEC+ may consider "institutionalizing" from 2019 onwards.
OPEC+ weighing ongoing cooperation after 2018.
June decision means gradual easing of output caps.
OPEC+ deal is absolutely right and is a successful one.
We restored oil production by 80% in July from the level of cuts.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.