OPEC+ agreement to have positive effect on energy market stabilization - Kremlin
Business & Economy
June 06, 2020, 23:34
The OPEC-non-OPEC Ministerial Meeting agreed on Saturday to extend oil production cuts by 9.7 million barrels per day until late July
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.