“Russia is committed” to an oil production deal, says Kirill Dmitriev, CEO of the Russian Direct Investment Fund. He adds that global oil producers must cooperate to stabilize markets during what could be the world’s “greatest recession ever.”
Russia’s oil production dropped slightly in the first days of April compared to the average output in March.
The coronavirus Covid-19 did not hit Russia very hard, yet. Many experts predict that the greater Russian Covid-19 crisis is coming soon. This could become an enormous challenge for Russia.
At this time, Russia has a total of 47 deaths from the Coronavirus Covid-19. The number of Russia confirmed cases is 6,343.
A significant Covid-19 outbreak in Russia would certainly be devastating. Densely populated areas such as Moscow would be difficult to deal with.
More Recent Russia News:
April 6, 2020 Russia’s growing coronavirus outbreak and its challenge to Vladimir Putin, explained – vox.com
April 6, 2020 Moscow, Riyadh ‘very close’ to a deal: Top Russian oil negotiator – aljazeera.com
April 5, 2020 Op-Ed: The US and Russia should work together to defeat the coronavirus – cnbc.com