Russia has agreed to postpone the meeting of OPEC+ scheduled for 9-10 June, a week earlier — on June 4. About it reports Reuters.
Citing three sources in the organization, the publication writes that a proposal to hold the meeting a week earlier was made by Mohamed Arkab — Minister of energy of Algeria, which this year is chairing OPEC.
Recall that a new OPEC agreement regarding the reduction of oil production was concluded on 12 April and will operate from may 1 until April 2022. The agreement provides that during may and June of the current year the decrease in oil production will amount to 9.7 million barrels. a day, from July to 7.7 million barrels. per day, and from January 2021 to April 2022 to 5.8 million barrels. the day.
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