Russia Complies 100% With OPEC+ Production Cut Quota

Russia Complies 100% With OPEC+ Production Cut Quota

OilPrice.com

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Russia is complying 100% with the OPEC+ production cut quota, according to Alexander Novak, who spoke to Rossiya-24 television on Wednesday, Russian news agency Tass reported. “We are at a high level. In July, we fulfilled 97% of our level. This is a high figure for us. We have attained 100% in August. As of today, we are fulfilling 100% of the obligations we assumed in August,” Novak claimed. Novak also claimed that the oil market is close to balancing itself. Meanwhile, Saudi Arabia’s energy minister Prince Abdulaziz said that…

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