Russia said to have taken into account the slowdown in oil demand during the extension of the production agreement the latest information

MOSCOW (Reuters) – Russia has taken into account the prospect of a slowdown in oil demand when it extended its global production agreement with OPEC earlier this year, the company said. Ministry of Energy.

EIA estimates released on Friday were largely in line with the ministry's forecast, he added.

"We have taken into account the possibility that growth in oil demand will slow down to the indicated levels (by the International Energy Agency) or even more," the ministry told Reuters.