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Russia says it plans to compensate oil overproduction in August-September

Zawya11-07-2025
Russia's Deputy Prime Minister Alexander Novak said on Friday that Russia intended to fully compensate for oil produced earlier in excess of OPEC+ quota in August-September, Interfax news agency quoted him as saying.
He also said that the government was still discussing a possible complete gasoline export ban and that the decision depended on market prices in the next few days.
(Reporting by Vladimir Soldatkin; Writing by Anastasia Teterevleva Editing by Tomasz Janowski)
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OPEC+ Set to Maintain Output Plans Despite Market Dynamics
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