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OPEC+ Meeting Begins: Russia Sees Improving Oil Markets ...Middle East
The situation on the global oil market has improved since last month’s OPEC+ meeting, Russian Deputy Prime Minister Alexander Novak said at the opening of this month’s OPEC+ ministerial meeting on Thursday, while Saudi Arabia called again for a cautious approach to easing the production cuts. There are still many uncertainties on the global oil market, especially in Europe, Russia’s top oil diplomat said. Yet, there is currently a deficit of 2 million barrels per day (bpd) on the market, Novak said at the start of the OPEC+ meeting,…
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