01 December 2016, Lagos – Russian Energy Minister Alexander Novak, responding to a decision by OPEC Wednesday to reduce crude output to lift prices, said Russia was ready to cut its own oil production by 300,000 barrels a day next year. “Russia will progressively reduce its oil production by 300,000 barrels a day in the […] More »
Russia to cut oil output by 300,000 barrels per day
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