Russia Signals Readiness to Address Oil Overproduction Ahead of Key OPEC+ Meeting

Russia's Deputy Prime Minister Alexander Novak indicated the country's willingness to consider actions regarding oil overproduction, signaling continued cooperation within the OPEC+ alliance. This statement comes just days before the core OPEC+ group is scheduled to meet on October 4 to assess market conditions and determine November production levels, a decision that will influence global oil supply and prices.