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EconomyNovak: OPEC+ has no plans to discuss new oil production cuts

OPEC+ is not currently planning to consider new voluntary oil production cuts because the global market is already experiencing a supply deficit, Russian Deputy Prime Minister Alexander Novak said. Seven OPEC+ countries will review market conditions and implementation of the agreement on September 6.

OPEC+oil marketoil production

TTASS★★★☆☆2026-09-02 15:39Original

Novak: OPEC+ has no plans to discuss new oil production cuts
Economy