The biggest output reduction since early 2020 has come despite US pressure to pump more OPEC+ member states have agreed an oil production cut of two million barrels per day, a statement published on the group’s website reads.

Donbass, Kherson and Zaporozhye may be exempt from income tax for 10 years, according to a government plan Russia’s Ministry of Economic Development announced on Wednesday that it will launch a state financing program to support the Donetsk and Lugansk People’s Republics, as well as Kherson and Zaporozhye Regions. According to the ministry’s statement, the…

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