Russian voluntary reduction in oil supplies: details and implications

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Russia will conduct a monthly analysis to determine whether it is necessary to further reduce or increase oil production. Cumulative oil and gas revenues for the first 10 months of 2023 declined. The cost of diesel fuel will rise to unprecedented levels in 2023. Internationally, global market dynamics have influenced the diesel scene in Russia. The rise in diesel prices has had a profound negative impact on various economic sectors

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