Russia central bank chief: OPEC deal will boost Russian economy

MOSCOW (Reuters) - A decision this week by global oil exporters to cut crude production will result in higher oil prices and a faster recovery for the Russian economy, Russian central bank governor Elvira Nabiullina said on Friday.

However, she said there was a low probability that the central bank will change the oil price forecast in is base economic scenario, and that any change would depend on how markets react to the output cut deal.

(Reporting by Elena Fabrichnaya and Kira Zavyalova; Writing by Christian Lowe; Editing by Vladimir Soldatkin)

You May Also Be Interested In

• US energy secretary seeks refiners' help amid narrow options to curb diesel price
• Repsol warns 90% of crude supplies may not meet EU methane rules
• Oil prices rise 2% as Houthi missiles add to supply fears