RUSSIAN Oil Industry Starts to Break Down as Russia Continues 800,000 BPD Production Cuts

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RUSSIA's Oil Industry is Starting to Break Down. Despite having huge reserves of Oil Russia has recently experienced SHORTAGES and PRICE RISES and BANNED the Export of All Gasoline & Diesel. They have now confirmed that the 300,000 Barrels Per Day Cut in Production will continue until the end of 2023 and 500,000 BPD Cut will remain in place until the end of 2024. In this video I provide more details on the problems that Russia is now facing and ask the question as to whether these cuts are Voluntary or reflect problems with Russian Production.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
3:55 OIL RODUCTION CUTS
4:55 RUSSIAN OIL PRODUCTION
9:19 CHINA
11:45 PUTIN
13:36 SUMMARY & CONCLUSION