Russia hopes for global pact to cap oil output

01 November 2016, Moscow — The Kremlin hopes that a consensus between OPEC and non-OPEC oil producing nations on capping oil output can be reached, a Kremlin spokesman told reporters on Tuesday. “Work on this is still ongoing… The positions of the overwhelming majority of countries coincide,” Dmitry Peskov said. Non-OPEC members such as Russia […] More »