RE:RE:RE:RE:RE:Oil is breaking out Russia’s Oil Output Set To Fall By 1.5 Million Bpd In December
By Michael Kern - Nov 09, 2022, 11:00 AM CST
Russia’s oil production is set to drop by as much as 1.5 million barrels per day.
Russia’s October production was 1.1 million bpd below its quota of 11 million bpd assigned under the OPEC+ agreement.
The expected sharp drop in Russia’s oil production will lead to a spike in international oil prices.
https://oilprice.com/Energy/Crude-Oil/Russias-Oil-Output-Set-To-Fall-By-15-Million-Bpd-In-December.html