Saturday , 22 February 2025
Home Forex Russian Energy Ministry says Russian oil production was slightly above agreed to target
Forex

Russian Energy Ministry says Russian oil production was slightly above agreed to target

The Russian Energy Ministry says Russian oil production was within OPEC+ guidelines in Q1

  • Russia exceeded OPEC+ quota in April due to technical reasons
  • Russia will submit a plan soon on compensation to the OPEC secretariat

Russia is very tight with the Saudi’s and OPEC, if they broke their agreement with the cartel it’ll be fixed quickly I reckon.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bitcoin or Ethereum?

Bitcoin or Ethereum: Which Crypto is the Better Investment in 2025?The Crypto...

German election preview: History will be made on Sunday, what to watch for

On Sunday, German voters go to the polls in a high-contested election....

FX Weekly Recap: February 17 – 21, 2025

The majors were all about trade tensions and central banks’ moves this...

Global Market Weekly Recap: February 17 – 21, 2025

Geopolitical developments continued to be a driving force in the markets, initially...