Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

RSS Feed

Friday, October 28, 2016

The member countries of OPEC have agreed to limit oil production

The representatives of the countries entering into cartel of oil exporters, OPEC, at an informal meeting in Algeria have agreed to limit oil production at the level of 32.5 million barrels a day. About it reports Reuters, citing a source in the organization. The agreement will enter into force in November this year.

OPEC plans to issue a call to restrict oil production to other countries.


Related posts:
By December, a liter of 95-octane gasoline will rise to 45 rubles
The meeting between Russia and OPEC will be held in October
The ruble has forced Russians to believe in the slowdown
Russia's permanent representative to the EU predicted a new gas crisis in Ukraine


More Stories From Economy