Bloomberg: Russia may cut oil production in response to the West of the West to introduce a price ceiling
It is emphasized that the Russian company has become “professional in the variability of production at old fields”
Russia may cut oil production by three million barrels a day, transmit Bloomberg edition.
“Russian companies have become pros in the flexibility of production at the fields, and the remaining fields can increase the production of resources,” said Robert McNally, a former adviser to former US President George W. Bush.
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According to experts surveyed, even half of the estimated volumes could cause “immediate pressure on emissions.”
In addition, the former State Department official found that Russia has other options, including consumption of crude oil exports through the Druzhba pipeline and the Caspian Pipeline Consortium.
Earlier, Online47 reported that analysts called the price ceiling for oil from Russia a “finishing blow” for the collective West. In particular, a number of the main oil importers in Russia – India, China and Turkey, refused to determine the rules of the “Big Seven”, but fixed the cost of reflecting oil on them too.
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