Surgutneftegaz sticks to cuts

摘要

Vladimir Bogdanov, the boss of Russia's third largest oil producer Surgutneftegaz, says that his company is sticking to a global deal to cut oil output in a bid to support crude prices. The Organization of the Petroleum Exporting Countries (OPEC) and 11 other oil producers led by Russia agreed in December to cut their combined output by nearly 1.8m b/d to reduce bloated global inventories and support prices.