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Russia lacks swing producer flexibility, slow to revive oil output

By Vladimir Soldatkin, Olesya Astakhova
3 Min Read
Russia has restored almost 45% of production cuts
Russia struggled to raise output in February
Russian oil production on the rise in March so far
MOSCOW, March 11 (Reuters) - Russia, the world’s second biggest oil producer, has found it tough to raise output swiftly this year after cutting back by a fifth in mid-2020 during a pandemic-driven collapse in demand, showing that Moscow is a long way from becoming a swing producer.
Saudi Arabia has often been cast in the swing producer role with an ability to turn its oil taps off and on again in response to market price moves. ....

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Russia lacks swing producer flexibility, slow to revive oil output

Russia lacks swing producer flexibility, slow to revive oil output
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.

Saudi Arabia , Alexander Novak , Alexei Kokin , Moscow Based Uralsib , Prime Minister Alexander Novak , President Vladimir Putin , சவுதி அரேபியா , அலெக்சாண்டர் நோவாக் , ப்ரைம் அமைச்சர் அலெக்சாண்டர் நோவாக் , ப்ரெஸிடெஂட் விளாடிமிர் புட்டின் ,

Russia lacks swing producer flexibility, slow to revive oil output

Russia lacks swing producer flexibility, slow to revive oil output
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Saudi Arabia , Olesya Astakhova , Alexander Novak , Dmitry Marinchenko , Gleb Gorodyakin , Alexei Kokin , Vladimir Soldatkin , Jane Merriman , Thomson Reuters Trust Principles , Moscow Based Uralsib , Prime Minister Alexander Novak , President Vladimir Putin , Middle East , Thomson Reuters Trust , சவுதி அரேபியா , அலெக்சாண்டர் நோவாக் , ஜேன் மெரிமந் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , ப்ரைம் அமைச்சர் அலெக்சாண்டர் நோவாக் , ப்ரெஸிடெஂட் விளாடிமிர் புட்டின் , நடுத்தர கிழக்கு , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,