Russia’s oil output drops further below OPEC+ quota in January
Russia’s oil production in January reportedly fell further below its OPEC+ quota, indicating continued challenges in maintaining output levels. Sources, speaking anonymously because the data isn’t public, reported that Russia’s oil output in January fell to 8.962 million barrels per day—16,000 barrels below its OPEC+ target, according to Bloomberg. This decline could be linked to […]