Tag Archives: Alexander Novak

Russia will attempt to do so as quickly as possible.

The WEF’s annual gathering of political and business leaders is due to take place from Jan. 23 to 26 in the Swiss ski resort.

Russia’s reductions are modest compared with the cuts from some of its partners.

The country expects its total oil output to hold steady over the full year.

Earlier this year Gazprom said exports could reach 205 Bcm in 2018.

Russia and Saudi Arabia were the world’s top two oil producers until this year.

The demand will traditionally grow during the summer.

It is difficult to predict how long the OPEC-non-OPEC agreement would remain in place.

The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.

Saudi Arabia shouldered most of the production cuts on the OPEC side.