RUSSIA, June 4 - Alexander Novak at the 35th OPEC+ ministerial meeting
Russia will extend its voluntary cut in oil production by 500,000 barrels
per day until the end of December 2024. This is a precautionary measure taken
in coordination with the countries participating in the OPEC+ agreement, which
previously announced voluntary oil cuts in April.
This voluntary oil cut will be carried out against the required production
level as agreed at the 35th OPEC+ ministerial meeting on 4 June 2023.
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