Production

Russia to add 154 million barrels of oil as Opec+ ceiling adjusted

Kremlin optimistic on ability of Russia's oil producers to recover output to pre-Covid-19 levels without new tax incentives and privileges

Optimism: Russian Deputy Prime Minister in charge of energy issues and talks with Opec, Alexander Novak
Optimism: Russian Deputy Prime Minister in charge of energy issues and talks with Opec, Alexander NovakPhoto: REUTERS/SCANPIX
  • Vladimir Afanasiev
Moscow
Published 19 July 2021, 12:08Updated 19 July 2021, 12:08
RussiaAlexander NovakAlexei SazanovOpec+Europe