Oil prices rise on Tuesday on reports that oil-producing countries, led by Russia and Saudi Arabia, may extend the current level of production cuts until September 1, INTERFAX said.

A report on the pace of construction of the Turkmen section of the transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India was made at a government meeting last Friday by Vice-Chairman of the Cabinet of Ministers of Turkmenistan Myratgeldi Meredov.