Russia to deepen oil production cut to 500,000 bpd until March 2024
Russia said on Thursday it would deepen its voluntary oil production cut to 500,000 barrels per day and extend it until the end of the first quarter of 2024. The extra cuts are intended to “maintain stability and balance in the oil market,” Deputy Prime Minister Alexander Novak said in a statement following a meeting […]
Russia to deepen oil production cut to 500,000 bpd until March 2024

Russia said on Thursday it would deepen its voluntary oil production cut to 500,000 barrels per day and extend it until the end of the first quarter of 2024. The extra cuts are intended to “maintain stability and balance in the oil market,” Deputy Prime Minister Alexander Novak said in a statement following a meeting […]

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https://insiderpaper.com/russia-to-deepen-oil-production-cut-to-500000-bpd-until-march-2024/

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