Home / Market Update / Global Stock Market / Russia expects its oil production to decrease in 2023

Russia expects its oil production to decrease in 2023

Russian news agencies quoted Deputy Prime Minister Alexander Novak as saying on Friday that there is a possibility that the country’s oil production will decline in 2023, as a result of pressure exerted by the European Union and the ceiling set by the Group of Seven for the price of Russian oil.

Check Also

The Earnings Test: Can Corporate America Withstand the Heat of War?

As the guns of the Middle East conflict continue to echo across global markets, Wall …