OPEC+ deal to have positive effect on energy market stabilization

<p>Kremlin Spokesman Dmitry Peskov <em>(Photo by Valery Sharifulin/TASS)</em></p>

Kremlin Spokesman Dmitry Peskov (Photo by Valery Sharifulin/TASS)

MOSCOW – The OPEC+ agreements will have a positive impact on future stabilization of the global energy markets, Kremlin Spokesman Dmitry Peskov told TASS on Saturday.
 
"These agreements will have a positive effect on future stabilization of the energy markets," he said.
 
It was reported earlier that the OPEC-non-OPEC Ministerial Meeting agreed on Saturday to extend oil production cuts by 9.7 million barrels per day until late July. 
 
Apart from that, the OPEC ministers bound non-compliant members to make extra reductions in July to September. (TASS)
 
 
 
 
 

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