Russia gradually cuts oil output in line with OPEC+ deal

Capt. John

Russia is slowly decreasing its oil production following the OPEC+ deal and is on track to reach approximately the fifth of the way towards its pledged cut on January, according to Bloomberg. Russian data reveal that the nation’s output has already decreased by more than 30.000 barrels per day, similar to October’s levels, as reported by Alexander Novak, Energy Minister.

He continued stating that

The companies have said they can decrease total production by 50,000 barrels per day in January.

In...

https://safety4sea.com/russia-gradually-cuts-oil-output-in-line-with-opec-deal/

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