Agreement to reduce oil production will be extended to nine months

© AP Photo / Hasan JamaliНефтяная tower. Archival photoAgreement to reduce oil production will be extended to nine months© AP Photo / Hasan Jamali

Member countries of OPEC and outside the cartel States agreed to extend the Vienna agreement to reduce oil production for 9 months, reports Bloomberg citing oil Minister of Iran Bijan Zanganeh.

«OPEC and countries outside of the cartel agreed to extend the deal for 9 months», — quotes Agency the words of the Minister.

Agreement to reduce oil production will be extended to nine months© RIA Novosti, Integratiebeleid in fotomonster and objectives of OPEC

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