Energy News

OPEC+ to decide on oil production during July meeting

APA – There are currently no timeframe suggestions for oil production parameters that the OPEC+ countries will decide upon during their meeting next month, Russian Deputy Prime Minister Alexander Novak said, APA reports citing Sputnik.

“We will see this in 10 days, we have different options – to adopt [an oil production agreement] for one month, or several months. We can also do it for a longer period.

We will discuss this together with our colleagues. There are currently no specific suggestions, we will work them out closer to the meeting,” Novak explained.

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