Russia made voluntary decision to cut oil production In March without consultations, Novak says

Russia made voluntary decision to cut oil production In March without consultations, Novak says
# 10 February 2023 15:59 (UTC +04:00)

"Russia's decision to reduce oil production in March by 500,000 barrels per day is voluntary and was made without international consultations, "Russian Deputy Prime Minister Alexander Novak said on Friday, APA-Economics reports citing the Russian press.

Earlier in the day, Russian Deputy Prime Minister Alexander Novak said Russia would voluntarily reduce crude oil production by 500,000 barrels per day in March to contribute to the restoration of market relations.

"This is a voluntary reduction. there were no consultations on it with anyone," Novak said.

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