Russia does not rule out extension of OPEC oil production cut: speech

MOSCOW (Reuters) - Russia's energy ministry does not rule out a global oil production cut deal led by OPEC and Moscow being extended to 2019, Roman Marshavin, head of its international cooperation department, said in the text of a speech obtained by Reuters. In the speech, which was dated May 22, Marshavin said that the question will be discussed at a meeting between OPEC and other producers. The next meeting of OPEC members plus Russia and other non-OPEC producers is scheduled for next month in Vienna.

Reuters May 23, 2018 00:08:05 IST
Russia does not rule out extension of OPEC oil production cut: speech

Russia does not rule out extension of OPEC oil production cut speech

MOSCOW (Reuters) - Russia's energy ministry does not rule out a global oil production cut deal led by OPEC and Moscow being extended to 2019, Roman Marshavin, head of its international cooperation department, said in the text of a speech obtained by Reuters.

In the speech, which was dated May 22, Marshavin said that the question will be discussed at a meeting between OPEC and other producers.

The next meeting of OPEC members plus Russia and other non-OPEC producers is scheduled for next month in Vienna.

(Reporting by Olesya Astakhova; Writing by Katya Golubkova; Editing by Alexander Smith)

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