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You Searched For "russia production cut" and got 18 results


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Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it

Russia supplied 40% of Europe's gas before the full-scale invasion of Ukraine. It's now down to 15%.

Huileng Tan   


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2 mins read

Russia is still passing $2 billion worth of its oil products to the West via middlemen, think tank says

Western countries have bought billions of dollars worth of Russian oil from Turkish refiners, a stu…

Jennifer Sor   


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Russia's defense sector is running on overdrive — but firms are warning of bankruptcy

Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…

Thibault Spirlet   


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Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory

The European Commission's president said the European Union could boost US liquified natural gas pu…

Huileng Tan   


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How Saudi Arabia could create a crisis for Russia's economy

Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to c…

Filip De Mott   


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Russia's economy is signaling a fate worse than recession

Russia's central bank said inflation is rising as the nation's economy slows. Those are key ingredi…

Filip De Mott   


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1 min read

Russia's oil exports are climbing near 4-month highs despite big production cuts

Moscow's crude exports climbed higher in the last four weeks despite earlier its move to slash its …

Jennifer Sor   


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Russia is facing a 'time bomb' at the heart of its economy, economist says

"Putin's war not only imposes on today's Russians a worse life than they otherwise would have had. …

Jennifer Sor   


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1 min read

Russia and Saudi Arabia vow to keep cutting oil production this summer

Russia is slashing oil production by 500,000 barrels a day starting August. Meanwhile, Saudi Arabia…

Jennifer Sor   


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1 min read

Russia's oil revenue has plunged as global crude prices tumble

Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…

Jennifer Sor   


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3 reasons why Russia's economy can survive without crisis for up to 5 more years, think-tank economists say

Expectations that Russia's economy will struggle are misplaced, and multiple factors should keep th…

Filip De Mott   


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1 min read

Putin backs OPEC production cuts but warns of losing oil-market share to the US

Putin backed the production cuts, but said the output is dropping "while it grows in other countrie…

Yuheng Zhan   


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Russia built a secret trade channel with India, leaked documents show

Russia planned to use its trove of rupees to covertly buy critical supplies in India, according to …

Filip De Mott   


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Cheap oil from Iran is filling the hole left by Saudi Arabia and Russia's productions cuts

Iran sold 1.6 million barrels of crude oil a day over the past two months, notching a five-year rec…

Jennifer Sor   


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2 mins read

Russia's war with Ukraine has its economy facing 'death by a thousand cuts,' economist says

Putin's economy faces meany headwinds, from inflationary pressures to a low birthrate to a bloating…

Aruni Soni   


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China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…

Jennifer Sor   


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3 mins read

Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says

Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…

Jennifer Sor   


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Russia's economy faces a demographic disaster and risks seeing its population reduced by half by the end of this century, think tank says

"Putin's government has not evinced visible concern that Russia's population might be cut in half b…

Jennifer Sor