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Russia's Novak: Oil exports to be cut by 300,000 barrels per day until year end

Russia's Novak: Oil exports to be cut by 300,000 barrels per day until year end
Russia joins Saudi Arabia in cutting through year end, though the 'reviewed monthly' is a big caveat.Still, Russia and Saudi Arabia are united in cutting production even with oil prices in the $85-$90 range. I imagine they won't be 'reviewing' the decision at anything less than $100.Brent has risen to $90 from a low of $88.06 earlier today. It's the highest since last November. This article was written by Adam Button at www.forexlive.com... Read More
Posted: Sep 5 2023, 13:06
Author Name: forexlive
Views: 111595

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