Russia's Novak says compliance with oil output cut deal 102 percent
Reuters
Published Oct 24, 2017 04:11AM ET
Russia's Novak says compliance with oil output cut deal 102 percent
MOSCOW (Reuters) - Russian Energy Minister Alexander Novak said on Tuesday that compliance with a global output cut deal in the past nine months had been 102 percent.
He said compliance by OPEC countries had been 100 percent and compliance by non-OPEC countries 106 percent.
Speaking at a business forum in Moscow, Novak said it was too early however to take a decision on whether the output deal should be extended beyond the end of March.
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Written By: Reuters
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