“The leaders supported the agreement reached under OPEC + on the phased voluntary restriction of oil production in order to stabilize global markets and ensure the sustainability of the global economy as a whole,” the Kremlin website said in a statement.
It is noted that the parties agreed to continue contacts. The Kremlin confirmed that the agreement to reduce oil production is taking effect.
It was previously reported that OPEC + countries signed an agreement to reduce oil production by 9.7 million barrels per day from May 1, 2020 by two months.