Russia ready to cut oil output by 300,000 bpd in H1, as agreed with OPEC
Wednesday, 30 November 2016 MOSCOW (Reuters) - Russia is ready to "gradually" cut its oil production by up to 300,000 barrels per day in the first half of 2017 as a part of its agreement with OPEC, Russian Energy Minister
Oil prices rose to three-week highs on Monday amid expectations that OPEC is moving close to a deal to cut output when it meets next week.
Brent crude went up to 47.94 a barrel, its highest since the start of the month, a five-percent rally no doubt also fuelled by comments from the Russian...
Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC producers will meet in the Russian city of St Petersburg tomorrow... All India Radio - WorldAlso reported by •Reuters India
ST PETERSBURG, Russia (Reuters) - Kuwait's oil minister Essam al-Marzouq said on Saturday that compliance with oil production cuts by OPEC and non-OPEC countries... Sify - BusinessAlso reported by •Reuters India