Russia cuts oil production more than anticipated – Bloomberg

Apr 10th 2023 1:06pm EDT

Moscow has reduced its crude output in retaliation to Western sanctions Russia slashed its oil output in March by 40% more than previously announced, Bloomberg has reported, citing a source familiar with Energy Ministry data. The decline was the equivalent of around 700,000 barrels per day (bpd), the outlet stated. In February, Russia pledged to […]

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