Fri. Dec 13th, 2024

NNA -nbsp;Russia#39;s top energy official said Monday that Moscow will voluntarily cut oil exports by 500,000 barrels per day, building on previously announced production cuts.

quot;As part of efforts to ensure that the oil market remains balanced, Russia will voluntarily reduce its oil supply in the month of August by 500,000 barrels per day, by cutting its exports by that quantity to global markets,quot; Alexander Novak, the Russian deputy prime minister responsible for energy policy, said in comments carried by Russian news agencies. — AFP

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