Russia Backs Another 500,000 Bpd Oil Production Increase
By Tsvetana Paraskova Despite renewed fears about oil demand due to the new coronavirus strain, the leader of the non-OPEC group in the OPEC+ pact, Russia, is still in favor of another 500,000 bpd increase in the alliance’s oil production from February, Bloomberg reported on Monday, citing officials with knowledge of the Russian oil policy. Earlier this … Read more