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According to a report from the Wall Street Journal, the Russian government will oppose Saudi Arabia’s plan to deepen oil cuts by a further 1.2 million barrels per day. The Kremlin has said they may be in support of extending current cuts, which expire in March, but are apprehensive of signing on to any deeper cuts.

Saudi Plan to Deepen Oil Cuts Meets Opposition from the Russian Government

According to a report from the Wall Street Journal, the Russian government will oppose Saudi Arabia’s plan to deepen oil cuts by a further 1.2 million barrels per day. The Kremlin has said they may be in support of extending current cuts, which expire in March, but are apprehensive of signing on to any deeper cuts.

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