Russia, in a rare admission
of oil overproduction, said overnight that it exceeded its OPEC+
production quota in April for technical reasons, a surprise
move that analysts and industry sources say. -May 23, 2024 at 08:12 am EDT
- MarketScreener
Russia basks in the oil price comfort zone ahead of OPEC+ | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
AHEAD OF OPEC+ MEETING: Russia basks in the oil price comfor malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
As the world s most powerful
oil producers ponder further supply cuts, Russia has little
incentive for a radical change as its energy revenue is strong,
oil prices are higher than its forecasts and.
Robust global oil prices this year and Moscow’s growing use of a shadow tanker fleet have meant that much Russian oil has traded mostly above the Western cap price