Production

Russian oil producers fail to answer call to pump up output

Major companies in Russia see no "economic feasibility" in investing into oil production expansion when global demand is easing and the price is low

Oil price concerns: executive director of Russian regional oil producer Tatneft, Nail Maganov
Oil price concerns: executive director of Russian regional oil producer Tatneft, Nail MaganovPhoto: UPSTREAM
  • Vladimir Afanasiev
Moscow
Published 24 March 2020, 11:40Updated 24 March 2020, 11:40
RussiaRosneftOpecSaudi ArabiaLukoil