Oil prices rose more than 2% on Friday, on track for weekly gains of over 8%, as Russia announced plans to reduce oil production next month after the West imposed price caps on the country’s oil and oil products. Brent crude futures rose $2.11, or 2.5%, to $86.61 a barrel by 11:15 a.m. EST (1615 …
https://www.hellenicshippingnews.com/oil-prices-rise-more-than-2-on-russian-plan-to-cut-output/