MOSCOW: Russian oil output could fall by 500,000 to one million barrels per day (bpd) early next year after the European Union imposes a ban on seaborne imports from Monday, two sources at major Russian producers said. The estimate is at the lower end of market analysts’ forecasts of the combined impact of the ban and a proposed price cap …
Read More »Russian oil revenues can weather price cap, say analysts
December 3, 2022