BREAKING NEWS

BREAKING NEWS

Russia complying with global oil output cut deal - energy minister

Russia complying with global oil output cut deal - energy minister
@ Copyright :
LEONHARD FOEGER(Reuters)
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MOSCOW (Reuters) - Russia has been in full compliance with its pledge to gradually cut its oil production, Russian Energy Minister Alexander Novak said in a statement on Monday.

He said Russian oil production decreased by 47,000 barrels per day in January from October, the baseline for the global oil deal aimed at a reduction of oil output.

(Reporting by Polina Devitt and Vladimir Soldatkin; editing by David Evans)

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