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Kremlin committed to OPEC+ pledges, no plans to discuss oil-stock release with group

Amnon Free Press/Central Press Syndicate, USA. Read, Enjoy and Share the Latest US News Updates.

November 23, 2021

MOSCOW (Reuters) – The Kremlin said on Tuesday that Russia remained committed to fulfilling its OPEC+ obligations and that President Vladimir Putin had no plans to contact OPEC+ partners despite talk of key consumer countries releasing their strategic oil reserves.

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The United States is expected to announce a loan of crude oil from its emergency stockpile on Tuesday as part of a plan it hashed out with major Asian energy consumers to lower energy prices, a Biden administration source familiar with the situation said.

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(Reporting by Dmitry Antonov; Writing by Andrew Osborn; Editing by Mark Trevelyan)

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