Updated December 4th, 2020 at 05:11 IST
OPEC, Russia agree to nudge up oil output gradually from Jan
OPEC and a group of allied countries including Russia have agreed to increase their oil production by 500,000 barrels per day from January.
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OPEC and a group of allied countries including Russia have agreed to increase their oil production by 500,000 barrels per day from January.
Alexander Novak, deputy prime minister of Russia, announced the decision on Thursday after long talks as oil producing countries weighed the outlook for energy demand amid the pandemic.
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Published December 4th, 2020 at 05:11 IST