March 7, 2026

Oil Rises $3/bbl After Russia Signals Output Cut Due To Price Cap

December 30, 2022 0
Oil Rises $3/bbl After Russia Signals Output Cut Due To Price Cap

 

Russia may cut oil output by 5% to 7% in early 2023 as it responds to price caps, the RIA news agency cited Deputy Prime Minister Alexander Novak as saying. 

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