Russia cuts oil production to 9 million barrels per day
The Russians plan to reduce oil production in the second quarter of 2024.
The Russians plan to reduce oil production in the second quarter of 2024.
Russia has reduced oil exports at least until the spring of 2024.oil
OPEC predicts a significant drop in oil production in russian federation until 2027.
On Wednesday, October 5, OPEC+ countries agreed to cut oil production to 2 million barrels per day. USM tells how this will affect the West’s plans to impose a “ceiling” on russian oil prices.
OPEC+ will continue to increase oil production by 400 thousand barrels per month til the end of the year.
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