Oil

According to Alexander Novak, without the participation of the Russian leader, this deal could fail.

This was announced by Director for Business Development of Naftogaz, Yury Vitrenko.

At the same time, prices in Europe remained at the same level

Belarus also expects alternative oil supplies

Oil prices continue to show high volatility after the conclusion of the OPEC+ deal to reduce production

Experts believe that Russian companies will remain under pressure due to the fact that the expected recovery in oil prices still does not compensate for the decline in production

At the auction, oil reacted with restraint to an agreement to reduce production

Topical issues of ensuring strategic security were also considered

Japan Petroleum Association appreciates OPEC agreement

Alexander Novak reported that the new deal with 23 participating countries will be in effect until May 1, 2022.

According Dan Brouillette, it will decline by 2 million barrels per day, and reduction of 3 million barrels is also possible.

Mexican President Andres Manuel Lopez Obrador added that this decision was made together with US leader Donald Trump.

The space partnership of Russia with other countries should develop, despite the challenges, the president noted

Nigeria will reduce production to 1.412 million bpd from May to June

Futures price increased to $ 20.3 per barrel