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Oil falls on demand concerns as impact of Russian output cut fades

Prices rose on Friday after Russia, the world#39;s third largest oil producer, said it would cut crude production in March by 500,000 barrels per day (bpd), or about 5% of output, in retaliation against western curbs on its exports that were imposed in response to the Ukraine conflict.

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​ Prices rose on Friday after Russia, the world#39;s third largest oil producer, said it would cut crude production in March by 500,000 barrels per day (bpd), or about 5% of output, in retaliation against western curbs on its exports that were imposed in response to the Ukraine conflict. Prices rose on Friday after Russia, the world#39;s third largest oil producer, said it would cut crude production in March by 500,000 barrels per day (bpd), or about 5% of output, in retaliation against western curbs on its exports that were imposed in response to the Ukraine conflict.  Moneycontrol Latest News Read More  

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