Russia Stays True to OPEC+ Commitments, Says Deputy PM

Russian Deputy Prime Minister Alexander Novak affirmed Russia's adherence to its OPEC+ commitments. The oil market remains balanced as eight members of OPEC+ have agreed to raise oil production by 137,000 bpd in October.


Devdiscourse News Desk | Moscow | Updated: 07-09-2025 18:45 IST | Created: 07-09-2025 18:45 IST
Russia Stays True to OPEC+ Commitments, Says Deputy PM
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In a statement highlighting Russia's commitment to international oil agreements, Russian Deputy Prime Minister Alexander Novak confirmed the country's adherence to its OPEC+ commitments.

Addressing the press on state television, Novak emphasized that the oil market is well-balanced and the agreements are being executed at an exceptional level.

OPEC+ recently announced that eight of its members will increase oil production by 137,000 barrels per day in October, supporting efforts to maintain stability in the global oil market.

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