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Russia to cut oil output by 500,000 bpd in March

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Russia will cut oil production by 500,000 barrels per day, or around 5% of output, in March, Deputy Prime Minister Alexander Novak said on Friday, after the West slapped price caps on Russian oil and oil products, according to Reuters. The price of Brent crude rose on the news of the output cut from Russia, […] The post Russia to cut oil output by 500,000 bpd in March appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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