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OPEC+ agreement to have positive effect on energy market stabilization - Kremlin

The OPEC-non-OPEC Ministerial Meeting agreed on Saturday to extend oil production cuts by 9.7 million barrels per day until late July

Kremlin Spokesman Dmitry Peskov Valery Sharifulin/TASS

Kremlin Spokesman Dmitry Peskov

© Valery Sharifulin/TASS

MOSCOW, June 6. /TASS/. The OPEC+ agreements will have a positive impact on future stabilization of the global energy markets, Kremlin Spokesman Dmitry Peskov told TASS on Saturday.

"These agreements will have a positive effect on future stabilization of the energy markets," he said.

It was reported earlier that the OPEC-non-OPEC Ministerial Meeting agreed on Saturday to extend oil production cuts by 9.7 million barrels per day until late July. Apart from that, the OPEC ministers bound non-compliant members to make extra reductions in July-September.

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