The Russian Prime Minister Novak announced that Russia would limit oil production by 500,000 barrels a day in March as a response to embargo and price caps imposed on the Russian federations. Oil prices moved higher on the news.
Source: xStation5
Daily Summary: As a ceasefire drifts away, markets lose ground
⚫Brent Oil Above $90 per Barrel
Oil prices rise as political rhetoric clashes with reality 📌
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