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Wednesday, 20 June 2018

Russia to propose increasing OPEC+ oil output by 1.5 million bpd: Novak

Russia to propose increasing OPEC+ oil output by 1.5 million bpd: Novak

20 June 2018, Moscow – Russia plans to propose increasing oil production by the OPEC+ deal members by 1.5 million barrels per day (bpd), the Energy Minister Alexander Novak told reporters, days ahead his visit to Vienna for the related summit. “The market is growing, (oil) demand is growing and we already see a balance …

The post Russia to propose increasing OPEC+ oil output by 1.5 million bpd: Novak appeared first on SweetCrudeReports.

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