At an energy ministry meeting earlier this month, Russia’s oil majors confirmed that they would be sticking to the production cuts that Russia had pledged in the OPEC+ deal, Vagit Alekperov, president and CEO of Russian oil producer Lukoil, said on Tuesday. At the meeting on March 1, Russian oil firms unanimously agreed that they would fulfill their commitments and will cut production as agreed, Russia’s TASS news agency quoted Alekperov as saying on the sidelines of the CERAWeek in Houston today. There was some “special opinion”…
