No signs of Russian oil production cut – Bloomberg ...News

Russia Today - Economy
No signs of Russian oil production cut – Bloomberg
source : Russia Today ( News ) () 41
Moscow had planned to reduce output by 500,000 barrels per day in March Shipments of Russian seaborne crude declined last week but there is no substantial evidence that Moscow is implementing a 500,000-barrels-a-day output cut scheduled for March, Bloomberg reported on Tuesday. Volumes of oil destined for China, India, and Türkiye – nations that have not joined Western sanctions – and cargoes that have not yet confirmed their endpoint slumped by 90,000 barrels a day (bpd) to 3.23 million in the seven days to March 17. A total of 30 tankers were loaded with 22.6 million barrels of Russian crude in the same period,

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