News Article(permalink)
Russian Energy Minister Alexander Novak said Friday that talks between OPEC and his OPEC+ grouping have failed to reach an agreement on oil production cuts. "Regarding cuts in production, given today's decision, from April 1, no one -- neither OPEC countries, nor OPEC+ countries -- are obliged to lower production," he told reporters after the meeting. OPEC ministers on Thursday recommended a drastic cut in the face of the global slowdown caused by the new coronavirus epidemic. burs-bp-jza/spm
Author: