Alva Review-Courier -

Russia, Algeria vow to push ahead with oil production cuts

 

October 11, 2017



ALGIERS, Algeria (AP) — The prime ministers of Russia and Algeria want further global efforts to coordinate oil production cuts to push up prices.

During a visit to Algiers on Tuesday, Russian Prime Minister Dmitry Medvedev said the two countries reiterated their commitment to last year's agreement among OPEC and other oil producers to curb output. He said they want to "pursue these efforts" and discuss future options with other oil-producing countries, notably better efforts to ensure signatories are complying.

Both the Russian and Algerian economy have struggled since oil prices fell in...



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