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Catching Up: Russia, Oil, Natural Gas, Policy and Clean Tech Promises
ARC ENERGY IDEAS
Oil Price: Russia Cuts Back Its Oil Supply by 500,000 Barrels a Day
Russia voluntarily cuts back its oil supply by 500,000 barrels a day. This is kind of a, I think it's big news that the market didn't react much to it though. The world supply chains have rebalanced and the trade routes have altered. But in early February, those new rules that restricted refined products came into play.
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