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3 more materials Saudi Arabia managed to convince other participants in the oil output cut deal that it was too early to boost production, and as a result, market shortages will remain at about the same level, making it possible to rapidly reduce oil inventories and keep prices at the $60-70 mark, Dmitry Marinchenko of Fitch said. The OPEC+ countries have taken note of the fact that oil demand will remain weak until vaccination campaigns are over, that is, until the summer at the earliest. According to the expert, the waiver for Russia and Kazakhstan indicates the flexibility that Saudi Arabia and other countries are ready to show in order to maintain the agreement.

Slovak republicUnited statesVoronezhskaya oblastSaudi arabiaKaluzhskaya oblastNikol pashinyanIvak korcokAnton tretyakIgor matovicRonald zakDmitry marinchenkoYuri sushinovZuzana caputovaVeronika remisovaFund of the national technological initiativeRussia federal state statistics service