Crude oil is donw $-0.91 on -1.74%

  • We will try to cut output faster but they are simply technical limitations
  • Russia will discuss OPEC+ cuts in the house with Falih
  • Will strive to make oil output cuts smoothly

The price of crude oil is trading down -$0.91 or -1.74% on the day. The decline is being helped by a report that U.S. crude production came in at 11.9 million barrels per day. This comes on the back of worries about weakening demand.