Crude oil prices rose by roughly a percent on Friday morning on news that Russia was considering a production cut. Brent crude oil prices rose by 0.85% on Friday morning to $76.80 at 10:20 a.m. ET, after Russian President Vladimir Putin succinctly referred to the West’s price cap as “stupid”, threatening to cut oil production in retaliation. President Putin also reiterated that it could refuse to sell oil to any country that participates in the G7’s “stupid” price cap. "As for our reaction, I have already said…
Hence then, the article about russia balks at stupid oil price cap mulls production cut was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Russia Balks At “Stupid” Oil Price Cap, Mulls Production Cut )