Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Russia Will Reduce Oil Production At The Federal Level Until The End Of 2023, With Pipeline Oil Exports To The EU Down More Than Two-Thirds

Russia Will Reduce Oil Production At The Federal Level Until The End Of 2023, With Pipeline Oil Exports To The EU Down More Than Two-Thirds

May 5, 2023 10:43

Source:SMM

According to CCTV news reports, on May 4 local time, Russian Deputy Prime Minister Novak stated that Russia will reduce oil production at the federal level until the end of 2023.

According to CCTV news reports, on May 4 local time, Russian Deputy Prime Minister Novak stated that Russia will reduce oil production at the federal level until the end of 2023, and pipeline oil exports to the EU have been reduced by more than two-thirds, with only a few exports being replaced by sea freight. In addition, Russia's oil production cuts will be carried out under the supervision of an independent agency.

Market forecast

Market review

Macro economy

Import/Export

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Slack Demand Prevents Secondary Aluminium Alloy Prices From Gaining As Much As Aluminium Prices

SHANGHAI, Jun 5 (SMM) –The prices of ADC12 secondary aluminium alloy rose 150 yuan/mt from a week ago to 18,650 yuan/mt as of last Friday.

time

Jun 5, 2023 18:06

SMM Analysis On Sentiment Of Market Players In Lithium Carbonate Industry Chain

SHANGHAI, Jun 5 (SMM) – SMM battery-grade lithium carbonate prices were 282,000-313,000 yuan/mt as of May 30, with the average price up 2,500 yuan/mt from the previous trading day to 297,500 yuan/mt.

time

Jun 5, 2023 18:05

Premiums Of Imported Iron Ore Lumps To Rise Further, Despite Off-Season

SHANGHAI, Jun 5 (SMM) – The 10th round of coke price cuts slightly boosted the demand for lumps.

time

Jun 5, 2023 18:02

Premiums Of Imported Iron Ore Lumps To Rise Further, Despite Off-Season

China Silicon Metal Exports Fell on both MoM and YoY Basis

SHANGHAI, Jun 2 (SMM) – According to customs data, China exported 45,000 mt of silicon metal in April, a month-on-month decrease of 7% and year-on-year decrease of 18%.

time

Jun 2, 2023 13:13

China Silicon Metal Exports Fell on both MoM and YoY Basis

SMM Analysis: Sellers And Buyers In Lithium Battery Recycling Market Remain In A Stalemate

SHANGHAI, May 31 (SMM) – After lithium carbonate prices have stabilised recently, the back-and-forth price negotiations between upstream and downstream enterprises in the lithium battery recycling market intensified.

time

May 31, 2023 13:37

SMM Analysis: Sellers And Buyers In Lithium Battery Recycling Market Remain In A Stalemate

Kenyan President Calls for Ending of Dependence on Dollar

According to CCTV, on May 29 local time, Kenyan President Ruto said that African countries should end their dependence on the US dollar in mutual trade and switch to local currencies.

time

May 31, 2023 11:08

Kenyan President Calls for Ending of Dependence on Dollar

Import Window for Zinc to Reopen Soon

The inventory of domestic zinc ingots continues to decline, while there have been large volumes of deliveries to LME warehouses. SHFE zinc is likely to continue to outperform LME zinc.

time

May 30, 2023 11:10

Import Window for Zinc to Reopen Soon

SMM Petroleum Coke Price Review and Forecast

Petroleum coke quotes generally stood stable this week.

time

May 26, 2023 17:49

SMM Petroleum Coke Price Review and Forecast

Sino-China Relations Will Begin To Thaw Soon, Us President Biden Says At G7 Summit

US President Joe Biden said at the G7 Summit: we are not looking to decouple from China.

time

May 26, 2023 11:00

Sino-China Relations Will Begin To Thaw Soon, Us President Biden Says At G7 Summit

Vietnamese Electric Car Company VinFast Recalls First Cars Sold in the US

Vietnamese electric car maker VinFast is recalling its first cars sold in the US due to a software error that caused the head-up display to malfunction, according to a statement on the National Highway Traffic Safety Administration's website.

time

May 25, 2023 10:18

Vietnamese Electric Car Company VinFast Recalls First Cars Sold in the US

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.