MOSCOW (RUSSIA) – Russian President Vladimir Putin is scheduled on Tuesday to meet Deputy Prime Minister Alexander Novak who is in charge of Moscow’s ties with oil-producing group OPEC, a Kremlin spokesman said without letting out much detail.
OPEC+, which groups OPEC producers and others including Russia, plans to ease its current oil output cuts by 500,000 barrels per day in January.
OPEC+ is due to meet online on Jan. 4 to discuss output policy.