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Russia talks again about easing quotas for oil production

Russian high-ranking official hinted at the possibility of revising oil quotas

Russian Energy Minister Alexander Novak, in an interview with RBC, said that in March the countries participating in the agreement on limiting OPEC + oil production could return to the revision of quotas.

This may happen due to countries that are not members of OPEC + not cooperating. Among them are the USA, Brazil, Norway and Guyana.

 

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News, Trends, & Analytics 22.12.2020

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