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Donald Trump convinced Mexico, which resisted the OPEC Plus deal, by offering to help him cut production. Russia celebrates even before the end of the G20: agreement reached
by Sissi Bellomo
2 ‘reading
It could go down in history as the Good Friday covenant. In the G20 agreement on the global cut in oil production: there is even the United States, although in its own way, along with Russia, Saudi Arabia and all the OPEC Plus countries. And in the end he also sold to Mexico, who had long stepped on his stake.
The emergency meeting convened by Riyadh at the suggestion of the International Energy Agency led to a truly historic result. Oil exporters and importers came together to save a sector that together they recognize as vital to the fate of the global economy, severely tested by the coronavirus.
Russia was the first to declare the success of the negotiations. Agreement made, ”confirmed Kremlin spokesman Dmitry Peskov to the Tass agency, before the virtual conference between the main powers on the planet, including Italy (represented by sources of the Sole Mineral 24 by the Minister of Economic Development) Stefano Patuanelli and the undersecretary Alessandra Tedde).
Peskov said from Moscow that “President Putin considers that the document agreed” by OPEC Plus is very positive and “the constructive position adopted by Mexico.” The compromise reached, according to the Kremlin, “will have a positive effect on stabilizing the world energy market.”
Shortly before, the President of Mexico, Andrés Manuel López Obrador, called a press conference to reassure the collaboration on the cuts, which he will carry out with a contribution “generously” granted by Donald Trump: in practice, the United States will reduce production 250 thousand bg more on behalf of Mexico, which may thus limit its denomination to 100 thousand bg.
