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About: http://data.cimple.eu/news-article/23a6106ef334ee5a1ec8433a903363a95928b0e4c6a0e336fa305e4b Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Russian Energy Minister Alexander Novak said Friday that talks between OPEC and his OPEC+ grouping have failed to reach an agreement on oil production cuts. "Regarding cuts in production, given today's decision, from April 1, no one -- neither OPEC countries, nor OPEC+ countries -- are obliged to lower production," he told reporters after the meeting. On Thursday, OPEC ministers, led by Saudi Arabia, had recommended a drastic cut of 1.5 million barrels per day in the face of the global slowdown caused by the new coronavirus epidemic. But the decision hinged on agreement by the so-called OPEC+ countries led by Russia, the world's second larges oil producer after the US. Nevertheless, hours of talks between Saudi Arabia, the world's number three producer, and Russia failed to bring about a deal. Asked whether Russia would ramp up its production after this decision, Novak said this "depended on the Russian (oil) companies' projects". As a result, oil prices tumbled more than seven percent, with Brent North Sea crude tumbling to $46.14 per barrel and WTI to $42.26. burs-bp-jza/spm
schema:headline	No agreement on oil production cuts at OPEC meeting: Russia
schema:mentions	Gun barrel OPEC Saudi Arabia Russia Russian language Coronavirus No Agreement Ministry of Energy (Russia) Alexander Novak Brent North (UK Parliament constituency) West Texas Intermediate
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-06 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	70 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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