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Russia removes oil cuts
Aug. 3, 2018
Source: Bloomberg

Russia removes oil cuts

Russian government data revealed that the country’s crude production jumped by 148, 000 barrels to 11.215 million barrels a day. An official revealed that Russia is looking forward to maintaining high supplies to market for the next five months. Russian Energy Minister referred the boost in production as “joint efforts of OPEC and non-OPEC countries aimed at stabilizing the oil market.”

   Read More About : Crude Oil OPEC Russia UPSTREAM Oil Supply
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