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Deputy PM says Russia will not have to urgently boost crude production

June 18, 15:27 UTC+3
According to the official the majority of countries will keep the equal level given that Iran is going to slightly increase its production
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© Viktor Drachev/TASS

MOSCOW, June 18. /TASS/. Russia will not have to urgently boost oil production amid deficit on the market, Deputy Prime Minister Arkady Dvorkovich said Saturday.

"[We] won’t need to. We need a moderate development with very small increases. The demand will be moderately going up so we don’t need production increasing rapidly. The majority of countries will keep the equal level given that Iran is going to slightly increase (production)," he said.

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