Home Russia’s Novak: Will take part in March OPEC+ committee meeting

Russia’s Novak: Will take part in March OPEC+ committee meeting

Published date: 11 Mar. 2020 | 08:37

Russia will take part in March OPEC+ committee meeting, Energy Minister Alexander Novak said on Wednesday.

The market situation is unstable due to coronavirus, he added.

Oil prices remain under pressure

Despite Russia’s willingness to participate in the OPEC+ committee meeting, oil prices see over 1% losses, fuelled by the Saudi Aramco’s rise in oil supply news.

Saudi Aramco receives directive from Energy Ministry to increase its maximum sustainable capacity 13 mln bpd

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