Russia’s Oil Export Reduction: No Cut in Production, says Government Source

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July 7, 2023

15:47 pm

A government source told Reuters on Friday: “Russia’s recent pledge to cut oil exports will not require a similar reduction in production.”
At least three sources at Russian oil companies said there were no orders to cut production further.
The media office of Deputy Prime Minister Alexander Novak said, on Monday, that Russia will reduce its oil exports by 500,000 barrels per day in August in light of the drop in global oil prices. (Reuters)

2023-07-07 11:47:40
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