Russian deputy prime minister Alexander Novak said on Wednesday (29 December) OPEC+ would not comply with requests from China and the United States to increase the production of oil.
In an interview with the sate-owned RBC media, Novak said the request did not fit in his long-term vision, pointing out that mining companies "need to understand in advance what investments to plan in order to ensure production increases."
"We cannot constantly provide fluctuations in production," he...
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Already a member? Login hereWester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.
Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.