Sunday, 13 July 2025

Kremlin: OPEC + alliance is important to ensuring stability in ‎global energy markets

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Kremlin spokesman Dmitry Peskov said today, Monday, that the OPEC + alliance of oil-producing countries is an important entity to ensure stability in global energy markets, a day after the coalition countries met.

According to “Reuters”, the OPEC + alliance pumps about 40 percent of global crude and decided to reduce production by 3.66 million barrels per day, which represents 3.6 percent of the volume of global demand.

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