Surprise Me!

All possibilities under consideration to respond oil price plunge: Russia's energy minister

2020-04-22 1 Dailymotion

러시아 "OPEC+산유국, 유가 하락 대응할 모든 가능성 갖고 있어"<br /><br />Russia's energy minister says all possible measures are under consideration to deal with the high volatility seen on global oil markets due to the COVID-19 pandemic.<br />During a video conference Wednesday, Alexander Novak said the plunge in oil prices is a temporary phenomenon caused by lack of storage space and a mass sell-off.<br />He also said it expected prices to pick up when a deal is struck between global oil producers and restrictions are loosened.<br />On April 12th, OPEC, Russia and other producers, a group known as OPEC+, agreed to cut production by a record 9.7 million barrels a day starting May 1st.<br />

Buy Now on CodeCanyon