Wednesday 17 October 2018

Russia ready to extend Opec deal, says minister

MOSCOW, November 2, 2017

The international deal between Opec and other countries to cut oil output could be extended beyond March 2018 if needed, said a report citing Russian Energy Minister Alexander Novak.

Novak's comments came after his meeting with Saudi King Salman on Thursday, reported Reuters.

The Russian minister said he had discussed the deal with King Salman and that the idea of a possible extension would be discussed at an Opec meeting in late November, though any decision could be taken later, the report added.

Tags: Opec | Russia | deal | oil production | Saudi King | Novak |

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