Technical Analysis

Russia deputy PM Novak says Russia may cut oil output by 5 to 7% – response to price cap

Ruusian Deputy PM Novak in RIA media.

  • Says Russia may cut its output of oil by 5 to 7% in early 2023
  • as it responds to price caps
  • may cut by 500k-700k barrels per day (numbers via TASS, also Russia media)

Earlier re Russia oil:

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