Russia's Novak says it is early to predict OPEC+ next decision: Report

16/11/2021 Argaam

Russian Deputy Prime Minister Alexander Novak

Russian Deputy Prime Minister, Alexander Novak, said it is early to expect the decision that will be taken by OPEC+ in its December meeting, Reuters reported.

 

He told reporters that the decision will be based on the market conditions at the time of the meeting.

 

OPEC+ currently raises its combined output by 400,000 barrels per day (pbd) every month, and its officials meet monthly to study the situation amid the recovery of global economy.

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