Russia Says To Cut Oil Output From Nov-Dec Levels

Reuters

MOSCOW, Dec 1 (Reuters) - Russia will cut its oil output from November-December levels, Energy Minister Alexander Novak told reporters on Thursday.

Novak said a day earlier Russia was ready to cut oil production by up to 300,000 barrels per day in the first half of 2017 as a part of its agreement with OPEC.

Novak said Azerbaijan, Mexico and others could join the deal - which will see OPEC and non-OPEC countries cut output.

(Reporting by Katya Golubkova; writing by Maria Kiselyova; editing by Susan Thomas)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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