Moscow Still Won't Guarantee Extension of Output Deal

摘要

Russian Energy Minister Alexander Novak said Thursday that a global oil production cut deal involving Opec and non-Opec producers could be extended beyond its expiration at the end of March if necessary, following a meeting with Saudi Arabia's King Salman. Novak said he discussed the fate of the 1.8 million barrels per day production cut deal with the Saudi king and that both sides agreed it could be extended but that no decision had been made yet.