Russian deputy PM expects global oil cut decision in late spring, early summer

MOSCOW (Reuters) – A decision on global oil output cuts could be made in late spring or early summer once it becomes clear how sustainable the current trend on oil markets is, RIA news agency quoted Russian Deputy Prime Minister Arkady Dvorkovich as saying.

TASS news agency also reported that Dvorkovich said on Friday that oil prices, which reached their highest level since December 2014 earlier this week, could fall again.

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