RUSSIA BEGAN SHARPLY REDUCING OIL PRODUCTION DUE TO PROBLEMS WITH SUPPLIES TO INDIA AND CHINA
Russian oil companies were forced to significantly reduce production in December due to sanctions from Donald Trump’s administration, which disrupted the sale of barrels to the Kremlin’s largest customers – India and China. Last month, oil production volumes in Russia fell by more than 100 thousand barrels per day, to 9.326 million barrels per day,…