Kremlin: OPEC+ important to global energy market stability

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MOSCOW : OPEC+, the group of leading oil-producing countries, is important for providing stability on global energy markets, Kremlin spokesman Dmitry Peskov said on Monday, a day after the group met.OPEC+ pumps around 40 per cent of the world's crude and has put in place cuts of 3.66 million barrels per

MOSCOW : OPEC+, the group of leading oil-producing countries, is important for providing stability on global energy markets, Kremlin spokesman Dmitry Peskov said on Monday, a day after the group met.

"The Russian Federation is a member of the joint understanding. The OPEC+ format continues its work, there are common agreements that, of course, everyone will follow," Peskov told a daily conference call with reporters.

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