Bloomberg | US Sanctions May Risk Russia's Oil Production Growth, Refining Bloomberg America's ban on exporting certain "sensitive" goods and technologies, which will take effect later this month, may be a bitter pill for the Russian oil producers to swallow as the 11-million-barrel a day industry is heavily reliant on foreign drilling ... Russia Phasing Out Crude Oil Export Duty By 2024 Putin signs law to phase out Russian crude oil export duty by 2024 |