Energy Policy

Novak: OPEC+ may Take Additional Measures if Needed

Russian Energy Minister Alexander Novak said on Friday that the group of global oil producers known as OPEC+ may take additional measures on oil markets if necessary. He was talking to Russian state TV Rossiya-24 after a meeting of OPEC+ had finished. OPEC+ have agreed a deal on oil output …

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Russia Warns against Increasing Oil Output

Increasing oil production will not serve the interests of any country, Russia warned yesterday, stressing that Russian President Vladimir Putin was seeking “constructive negotiations aimed at stabilizing the global energy market.” “Russia did not back the termination of OPEC+ deal – The Organization of the Petroleum Exporting Countries,” Russia Today …

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