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Oil Exports Take Front Burner At OPEC, Non-OPEC Meeting In Moscow | The Precision

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Oil exports will be in the spotlight at a meeting
between OPEC and non-OPEC members in Moscow this week, Russian Energy
Minister Alexander Novak said on Tuesday. 

Novak
said energy and oil ministers from more than half of OPEC’s members
will visit Moscow to take part in the Russian Energy Week 2017 forum. 
OPEC
and non-OPEC ministers will work on recommendations for the next major
meeting between global producers in November, Novak said. They will
discuss the market situation and implementation of a global deal to cut
oil production. 
Meanwhile, Mr Novak has said there is no immediate need to talk about additional oil output cuts as
part of a global deal between OPEC and non-OPEC nations.
 
He said this in an interview with the Oil and Gas
Vertical magazine published on  Tuesday.

Reuters

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