Russia is threatening to extend its oil production reduction by 300,000 barrels per day
08-30-2023 10:10 PM
Ammon – Russian Deputy Prime Minister Alexander Novak hinted that his country will extend the voluntary cut in oil exports from Russia until next October, indicating that work in this framework is taking place in cooperation with other countries.
Novak said, during a press conference, today, Wednesday, that “Russia will work with other countries continuously, and we will proceed from the market situation.”
And Moscow decided, at the beginning of this month, to extend the decision to cut oil production voluntarily to include next September, provided that oil exports are reduced by 300,000 barrels per day. (Petra)
Ammon – Russian Deputy Prime Minister Alexander Novak hinted that his country will extend the voluntary cut in oil exports from Russia until next October, indicating that work in this framework is taking place in cooperation with other countries.
Novak said, during a press conference, today, Wednesday, that “Russia will work with other countries continuously, and we will proceed from the market situation.”
And Moscow decided, at the beginning of this month, to extend the decision to cut oil production voluntarily to include next September, provided that oil exports are reduced by 300,000 barrels per day. (Petra)