Home Russian Energy Min. Novak: Russia on track to reduce oil production by at least 50-60k bpd in Jan.

Russian Energy Min. Novak: Russia on track to reduce oil production by at least 50-60k bpd in Jan.

Published date: 11 Dec. 2018 | 13:02

Russian Energy Minister Alexander Novak was out on the wires in the last hour, via Reuters, saying that October is the reference month to start oil cuts as a part of OPEC/non-OPEC oil output deal and Russia is on track to reduce oil production by at least 50,000-60,000 bpd in Jan.

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