Wednesday, 22 April 2020 09:45

Azerbaijan urging OPEC+ to cut production

Azerbaijan's Energy Minister Parviz Shahbazov urged non-OPEC+ countries to undertake obligations on reducing of oil production. The press service of the Ministry of Energy of the Republic reported this news on April 22. 

According to him, OPEC+ countries have taken on a historic mission to reduce oil production. From now on, non-OPEC + oil producers should also actively participate in this process and declare their obligations," Shahbazov said.

It is noteworthy that on April 21, OPEC + Ministers held an urgent informal conference to discuss the situation on the oil market. The countries confirmed their commitment to the agreement on reducing oil production.

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