Russia’s Novak: Oil output caps under OPEC+ deal are temporary

FX Street

Updated: 2 Oct. 2019 | 08:02

Russian Energy Minister Novak was on the wires last minutes, via Interfax, commenting on the Russian oil output levels.

Key Quotes:

Oil output caps under OPEC+ deal are temporary.

Russia will only resort to them when it meets its interests.

Russia’s September oil production at 11.25 mln barrels per day versus 11.29 mln barrels per day in August.

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