According to two sources familiar with the matter, Russian crude oil production fell by 300,000 bbl/day in the first three weeks of March to 9.78 million bbl/day. Faced with Western sanctions, Russia has reduced oil production. The country aims to cut oil output by 500,000 bbl/day to 9.5 million bbl/day by June.
Russian Crude Oil Output Falls 300,000 bbl/day in First 3 Weeks of Mar
According to two sources familiar with the matter, Russian crude oil production fell by 300,000 bbl/day in the first three weeks of March to 9.78 million bbl/day.
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