Russia favours further Opec+ output hike in February ...Qatar

Russia intends to support a further increase in Opec+ production at the group’s meeting next month, even as a new strain of the coronavirus raises concerns about demand, said officials familiar with the country’s oil policy. As of now, Moscow believes it makes sense to raise Opec+ output by 500,000 barrels a day in February, matching the hike already agreed for January, the officials said, asking not to be named because the information is confidential. That would be the maximum supply increase allowed by the accord that emerged from the group’s difficult talks in early December. Other members of the group would need to agree for the output expansion to go ahead. Brent dropped below $50 a ba

Hence then, the article about russia favours further opec output hike in february was published today ( Tuesday 22/12/2020 - 12:00 AM ) and is available on ٌRayaٌ news ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Russia favours further Opec+ output hike in February )

Also on site :

• ‘Elize: Shadows Of A Woman’ Trailer: Netflix Brazil Feature Based On Case Explored In ‘Elize Matsunaga: Once Upon a Crime’
• Monument Legal Represents Air Force Major Jason Watson, Arrested on Capitol Steps After Calling for Impeachment
• Dem Sen. Mark Kelly's Warning About How Trump Might Try to 'Intimidate Voters' Is Backfiring Hard