Monday, December 9, 2019

OPEC, Other Stakeholders May Adjust Output Quotas

November 27, 2019

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Russian Energy Minister Alexander Novak said on Wednesday the forthcoming meeting of OPEC and other large oil producers may discuss adjusting oil output quotas at a next-month meeting, local news agencies reported.

"We don't rule out discussing various issues," Novak was quoted as saying by the Interfax news agency when asked if the OPEC+ meeting would discuss lower production quotas for Russia. (Reporting by Maxim Rodionov and Vladimir Soldatkin

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