Russia cuts oil

Russia cuts oil output by 700K barrels/day in March.

Russia, one of the world’s top oil producers, announced that it cut its oil output by 700,000 barrels a day in March. This decision was made as part of the country’s agreement with the Organization of the Petroleum Exporting Countries (OPEC) to limit oil production and stabilize prices. The OPEC+ alliance, which includes OPEC members […]

Russia cuts oil output by 700K barrels/day in March. Read More »