Russia committed to major oil production cuts – Novak

May 4th 2023 7:32am EDT

Supplies to the EU have already dropped by two-thirds, Deputy Prime Minister Aleksandr Novak says Russia remains committed to a voluntary oil production cut of 500,000 barrels per day (bpd), Deputy Prime Minister Aleksandr Novak stated on Thursday, commenting on “speculation in the media.”  Bloomberg claimed on Tuesday that there was no evidence that Moscow […]

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