Russian Oil Giants Prepare For A Production Surge

Russian Oil Giants Prepare For A Production Surge

OilPrice.com

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Russian oil firms plan to raise their oil production from April and they are comfortable with the current oil prices and even lower, oil executives said after meeting this week with Energy Minister Alexander Novak – a meeting which didn’t discuss the possibility that Russia may return to the OPEC+ production cut deal as earlier reports suggested. Top executives from the major Russian companies, including Rosneft, Lukoil, Gazprom Neft, Tatneft, and Surgutneftegas, met with the minister on Thursday to discuss the companies’ plans…

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