Monday 23 December 2024
 
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Oil production cut

Russia ready to extend output cut deal with Opec

Russia is ready to extend the oil production cut agreement with Opec, media sources said, citing the Russian Energy Ministry. "Now we are holding final negotiations on this topic with our partners and are inclined to think th

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Oil producers at ease as output deal reaches half-time

It is now half time for the six-month oil production cuts agreed by Opec and eleven non-Opec countries and so far, the game has gone fairly well for producers, says the International Energy Agency (IEA) in a new report. Prices hav

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Oil output cut meeting next month in Kuwait

A meeting of the Opec countries and non-cartel countries, parties to the production cut agreement, is due in Kuwait on March 22-23, Russia's Minister of Energy Alexander Novak was quoted as saying by Russian news agency Tass on Saturday.

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