Bloomberg | Russia Needs Data on Oil Supply, Markets to Decide on More Cuts Bloomberg Russia isn't ready to support a possible extension of oil-supply cuts into the second half of the year, even as more crude producers acknowledge they will probably need to do so to achieve their goals of balancing the market and firming up prices. Oil Prices Plunge With US Production Soaring Fresh statements on oil may not impress traders Opec be warned! Russia seeing oil at $40 does not bode well for crude market |