Russia plans to cut crude exports from its western ports by 25%in March -sources

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, Feb 22 (Reuters) - Russia plans to reduce crude oil exports from its Western ports in March by some 25% from February amid planned a production cut, three sources in the Russian oil market said. Russia plans to reduce its oil production by 500,000 barrels per day in March. The cut will be made from January output levels. Russia's Energy ministry declined to comment. Transneft did not immediately respond to Reuters request for comment.
(Reporting by Reuters; Editing by Kirsten Donovan)
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