Russia becomes world’s biggest oil producer

0
563

For decades the world’s major oil producers have tried to control prices by cutting or raising supplies, which relied on all of them sticking to agreed quotas.
But unity amongst oil-rich nations appears to be crumbling.
Now Russia has just overtaken Saudi Arabia as the world’s biggest producer and it’s done it by failing to keep its promise to slow down production.

LEAVE A REPLY

Please enter your comment!
Please enter your name here