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Here ya go, freeze THIS: Russian oil output highest in 30 years

Russia's Energy Ministry data on the weekend (Saturday) shows oil production rose to its highest level in nearly 30 years,

Leading oil producers (Russia included) are due to meet in Doha on April 17 for talks on how to freeze oil output at the average levels reached in January.

As Reuters says, in their low-key fashion, the increasing production raises:

  • questions over Moscow's commitment to freeze output

And, I'll just add, it would be unfair to single out Russia in doing this.

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Reuters have more

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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