Fuel and energy

It is specified that the decision was made in connection with the negative impact of external factors.

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

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

Topical issues of ensuring strategic security were also considered

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.

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

Futures price increased to $ 20.3 per barrel

Relations between the parties exacerbate lawsuits, but analysts interviewed by Russian media do not expect a repeat of the Ukrainian negotiation scenario

Discussion will be held as part of the G20 negotiations

These difficult times require unparalleled flexibility and commitment,” Mohammad Sanusi Barkindo said.