Decision on output cut is effective - minister

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# 16:29
13 April 2017

According to the ministry, Aliyev said that the decision of OPEC and non-OPEC countries on output cut is effective and has positive impact on the market.

 

“Extension of the agreement or any decision will be made in accordance with the reports by Monitoring Committee. The ways to develop the oil market in the second half of the year will be determined in OPEC meeting in May”, the minister added. 

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THE OPERATION IS BEING PERFORMED