Russia may cut oil output due to price cap -deputy PM
- World
- Reuters
- Published Date: 09:02 | 21 November 2022
- Modified Date: 12:23 | 22 November 2022
Russia will not ship oil or oil products to countries imposing a price cap on its oil exports and may also cut crude production, Deputy Prime Minister Alexander Novak said on Monday.
He reiterated that Russia remained a reliable oil supplier and that the introduction of a price cap on Russian oil would trigger lower supply.
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