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Agreement On the Limitation Of Oil Production Is Extended
12.12.2017 00:03
Agreement On the Limitation Of Oil Production Is Extended

Oil-exporting countries, including Russia, confirmed the extending of the agreement on the limitation of oil production until the end of 2018.

      OPEC members intend to discuss the results of the new agreement in the middle of next year. “We will meet again in June and will check not only the fulfillment of conditions [the terms of the agreement] in the first half of the year, but also discuss our prospects for the third and fourth quarters of 2018, so we will act in accordance with the results” - the Head of the Ministry of Energy of Saudi Arabia Khalid al-Falih said.


Author: Anna Dorozhkina


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