-
Russia is unable to cut oil production sharply: Minister
Russia is not able to cut its oil production sharply, though it would try to do it faster, Russian Energy Minister Alexander Novak was quoted as saying by Interfax news wire on Thursday.
He said there are technological limitations for reducing oil output in Russia.
Earlier this week, Saudi Arabia’s Energy Minister Khalid al-Falih said Russia was cutting its oil production more slowly than expected.
Share This
LATEST EVENT
LATEST NEWS
Standard Chartered: Global Oil Demand Will Pi... -- April 25, 2024
Indian Gas Exchange Launches Small-Scale LNG ... -- April 25, 2024
ONGC plans June drilling for India’s first ge... -- April 24, 2024
India reiterates its partnership with Opec -- April 22, 2024
Iran-Israel conflict: Oil, LNG prices may ris... -- April 22, 2024
Rising Middle East Risk Sparks Fear of $100 O... -- April 17, 2024
Asian LNG Prices Soar on Fears of Wider Middl... -- April 17, 2024
GAIL plans to double capacity at its Dabhol L... -- April 17, 2024
Brent Crude Prices Surge: Here’s How It Can I... -- April 17, 2024
Govt again hikes windfall tax on petroleum cr... -- April 17, 2024
