OPEC+ unlikely to change oil output policy: Novak

Russian Deputy Prime Minister Alexander Novak stressed today, Sept.  26, that all OPEC+ members are fully committed to oil output policy.

On the sidelines of Russian Energy Week, Novak said OPEC+ is closely monitoring the supply and demand balance in the oil market, Interfax news agency reported.

He emphasized that OPEC+ is not currently discussing any new amendments to the parameters of the deal after it decided to delay the start of restoring oil production following the voluntary cuts by a number of alliance countries.