“The deal is long-term in nature and emphasizes that we are all serious about stabilizing the situation on the market,” TASS quoted him as saying.
According to Novak, the OPEC + agreements give a signal to the whole world that the oil producing countries have united and intend to fix the deal for two years.
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.