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Added on the 11/10/2016 14:37:40 - Copyright : Reuters EN
The European Commission urges EU countries to reduce their demand for natural gas by 15 percent over the coming winter months to overcome Russia's energy supply "blackmail". SOUNDBITE
In Luxembourg, German Finance Minister Christian Lindner says it is not yet possible for the EU to cut Russian gas imports as a sanction against Moscow's invasion of Ukraine. SOUNDBITE
Moscow (Russia), Apr 14 (EFE) .- Large Russian state oil companies defend the agreement to cut production, even though it represents a defeat for Russia's strategy in the crude oil market.(CAMERA: Ignacio Ortega)
President Donald Trump confirms that the US has agreed to help Mexico meet its commitment to slashing oil production under a global deal to address the petroleum glut. "Mexico is going to cut production by 100,000 barrels per day ... we'd make up the difference, they would reimburse us at a later date," says Trump. SOUNDBITE
OPEC ministers are bracing for a stormy meeting in Vienna Friday where they will discuss a Saudi proposal to hike oil output despite fierce resistance from Iran, setting the stage for a showdown between the arch foes. 1ST IMAGES