Post Tagged with: "Russian output"

Source: BOE Report

Barclays cuts 2023 oil price forecasts on resilient Russian output

BOE Report


Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the market could flip into a deficit in the second half of the year due to …

Source: Reuters

OPEC+ supply gap widens in March as sanctions hit Russian output

Nasdaq


LONDON – OPEC+ produced 1.45 mln barrels per day (bpd) below its production targets in March, as Russian output began to decline following sanctions imposed by the West, a report from the producer alliance seen by Reuters showed.

Russia …