Russia’s Oil Production Nearing Compliance with OPEC+ Cuts

• Monday, 1st June 2020
• by Editorial Team

Russia’s oil production fell to between 8.59 – 8.69 million barrels per day (mmbbl/d) in May, nearing Moscow’s previous pledge of reducing production to 8.5 mmbbl/d, according to Reuters.  Under the OPEC+ agreem...

OPEC to Extend Production Cuts Until Year- End

• Sunday, 26th January 2020
• by Editorial Team

The Organization of the Petroleum Exporting Countries (OPEC) could extend its oil production cuts until the end of 2020, an OPEC source told TASS, the Russian News Agency, according to Oil Price. It is worth mentionin...