Russia to slash oil production in March by 500,000 barrels per day

KARAH RUCKER: BECAUSE OF RUSSIA GOING TO WAR WITH UKRAINE — THE U.S. AND OTHER WESTERN NATIONS IMPOSED SANCTIONS ON RUSSIAN OIL. AND BECAUSE OF SANCTIONS ON RUSSIA’S OIL — RUSSIA WILL VOLUNTARILY BE CUTTING ITS OIL PRODUCTION NEXT MONTH BY AS MUCH AS 500 THOUSAND BARRELS.

IT’S A DIRECT RESPONSE TO RETALIATE AGAINST THE WESTERN ALLIANCE BACKING UKRAINE.

BECAUSE RUSSIA IS SLASHING ITS OIL SUPPLY — THE PRICE OF OIL IS CLIMBING WITH REUTERS REPORTING THAT OIL PRICES WERE UP 2 PERCENT FRIDAY MORNING ON THE NEWS. IT’S A VICIOUS DOMINO EFFECT LIKELY TO AFFECT WORLD ECONOMIES NEXT.