Russia will be fully compliant with OPEC-led supply cuts by April, energy minister says

div > div.group > p:first-child"> "As far as the meeting is concerned we, of course, discussed the situation with the execution of the agreement we stressed once again that Russia is discharging its obligations in accordance with the agreement to smoothly achieve the target output," Novak told CNBC's Dan Murphy in Baku, Azerbaijan, according to a translation.

The Middle East-dominated group, alongside non-OPEC allies such as Russia, agreed to reduce output by 1.2 million barrels per day for six months. Saudi Arabia's Energy Minister, Khalid al-Falih, said on Sunday he was"optimistic" about the prospect of continued commitment to the OPEC-led production cuts.

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Saudi Falih optimistic on continued commitment to OPEC+ oil supply cutSaudi Arabia's energy minister said on Sunday he was optimistic about conti... Supply cut = Chainsaw run on The more they cut the more the Americans will pump , and they are more then profitable with oil at 35 dollar level .. Saudi’s and partners should have invested in making pumping their oil more efficient to compete with the Americans .. OPEC is doomed I'll bet he is their green backs r few an far between keep drilling n USA camel jockeys will get on welfare
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