on the reduction in production, all the details and forecasts from rustam kasimov a number of countriesdid not wait for the meeting of the monitoring committee and announced in advance an additional reduction in production by 1 million 650,000 barrels . per day from may to the end of 2023, the lion's share of the reduction was assumed by the leaders of production under the agreement. in particular. russia extends the current decision to cut quotas by half a million barrels until the end of the year. it was supposed to expire in june. saudi arabia also reduces production by 500,000 bpd iraq by 211,000 united arab emirates by 144,000 kuwait by 128,000 oman algeria and kazakhstan will reduce production by less than 100,000 bpd due to the decision of opec plus and russia in particular situation in the world market. oil, alexander commented, the new deputy prime minister said that the period of high volatility and unpredictability is due to the ongoing banking crisis in the united states europe, global economic uncertainty, as well as unpredictable and short-sighted decisions in the energy p