Russia opposes Saudi's plan to deepen OPEC+ output cuts: WSJ

Global Economy

Reuters
04 March, 2020, 07:45 pm
Last modified: 04 March, 2020, 07:49 pm
Russia had so far said that it might be willing to extend existing cuts, which expire in March
FILE PHOTO: Russian Energy Minister Alexander Novak arrives at the OPEC headquarters in Vienna, Austria December 6, 2019. REUTERS/Leonhard Foeger/File Photo

Russia has opposed Saudi Arabia's plan to deepen OPEC+ cuts by 1.2 million barrels per day, a Wall Street Journal reporter said in a tweet on Wednesday, citing sources.

" Opposes Plan to Deepen OPEC+ Cuts by 1.2M B/D -Sources " the tweet read.

Russia had so far said that it might be willing to extend existing cuts, which expire in March, but might find it difficult to sign up for deeper cuts.

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World+Biz

Russia / Organization of the Petroleum Exporting Countries (OPEC)

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