“Yes, we are ready to cut 1.6 million barrels per day,” he said.
As the representative of the department noted, the volume of reduction can be tied to the level of the first quarter of this year.
Earlier, the Kremlin announced preparations for the OPEC + April 9th virtual conference.
In early April, Russian leader Vladimir Putin announced Moscow’s readiness to join forces with other states to reduce oil production by 10 million barrels.
US President Donald Trump did not rule out a decline in oil production following other market participants.