Russia, OPEC+ agree to cut oil production

Read on the website Vestnik Kavkaza

© Photo: Maria Novoselova / Vestnik Kavkaza

Russia, OPEC + agreed to reduce oil supplies. Details will be released next month.

Russia and OPEC+ agreed to reduce Russian oil exports. This statement was made on Thursday by the vice-premier of the country.

"Yes, we agreed. We will announce the details next week,”

– Alexander Novak said.

Earlier, he admitted that Russia's voluntary restriction of oil exports would extend to October.