Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

G20 Energy Ministers will Meet on April 10
7.04.2020 10:34
G20 Energy Ministers will Meet on April 10

G20 energy ministers will hold an extraordinary meeting in a remote format on Friday, April 10, in order to “ensure the stability of the energy market,” Reuters reports. It is clarified that the initiative belongs to Saudi Arabia.

      Earlier, Bloomberg reported that an OPEC + meeting was planned for April 9, which would most likely be followed by a meeting of G20 energy ministers. Russia, Saudi Arabia and other major oil producers intend to conclude an agreement to reduce oil production in order to stop the collapse in its prices. At the same time, they are interested in the United States taking part in the negotiations, but President Donald Trump has not  given clear consent to participate in the OPEC + meeting

      Recall that in early March, OPEC + countries were unable to agree on a further reduction in oil production. From April 1, participating countries can increase production. Amid the collapse of the OPEC + deal and the COVID-19 pandemic, oil prices fell to twenty-year lows. April 3, Russian President Vladimir Putin announced the country's readiness to reduce oil production under certain conditions.


Author: Anna Dorozhkina

Tags: Russian International Russian oil Russian economy   

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

airport transfer in Russia  Satellites  The Romanov Family  Vladimir Dashkevich  Time of Troubles  Arts and Crafts  Nadezhda Rumyantseva  Mercedes-Benz Fashion Week   Festivals in Moscow  Sculpture  GDP forecast  Exhibitions in Moscow  Moscow Theatres  Russian scientists  Nizhny Novgorod  Russian tourism  Kremlin Museums  St. Petersburg  Tamara Miansarova  Ust-Buotama  RAO UES  tax reform  Penza  Mstislav Rostropovich Music Festival  Kaliningrad Zoo   Russian Lakes  Neva Travel Agency  Rosa Khutor  Time of the First  global reports  Mercedes-Benz Fashion Week Russia  Russian economy  Omsk  Neglinka  contemporary art  robotics in Russia  Kostroma  Russian business  Korsakov   Russian science  Russian Premier League  Andrey Zvyagintsev  Russian Cinema  Moscow monuments  Charity  Collective Farms  Moscow  book hotels in Russia  Apple  Moscow Architecture 

Travel Blogs
Top Traveling Sites