Russia's Novak says he favors taking OPEC+ extension decision closer to April

Author: Adam Button | Category: News

OPEC might not be able to announce extension

The bare-minimum for next week's OPEC+ meeting was supposed to be an extension of 3-6 months beyond April but now Russia is pouring cold water on that. Oil minister Novak says Russia would rather wait-and-see before committing.

Oil is down nearly 3% on the day on this.

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