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

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FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture

MOSCOW – 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.

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.

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


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