Countries part of the OPEC+ group are discussing the idea to
implement oil production cuts for at least three months from May to
July, Russian news agency TASS reported on Tuesday, citing two sources at OPEC.
“Three
months. I believe the deal can be made from May because April
deliveries have already been scheduled,” a high-ranking source in OPEC
told TASS, while another source noted that a potential production cut
would be “definitely longer than until June.”
Russia’s energy
ministry has received an invitation from OPEC to take part in Thursday’s
video conference, and Russia confirms it will take part in that
meeting, an official at the energy ministry told TASS on Tuesday.
https://oilprice.com/Energy/Crude-Oil/OPEC-And-Partners-Eye-A-3-Month-Output-Cut.html
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