Cuts to Russian oil production will apply only to March output for now, deputy PM says

Cuts to Russian oil production will apply only to March output for now, deputy PM says

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A 500,000 barrel-per-day cut to Russian oil production announced this month will apply only to March output for now, Deputy Prime Minister Alexander Novak said on Tuesday, according to news agency reports. “We will watch how the situation on the market develops, and decisions … will be made from…

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