Russia’s Novak: Russia to cut oil output by 300k bpd by end-April

Livesquawk reports comments from the Russian energy minister Novak, citing that Russia is likely to cut oil output by 300k bpd by end-April.

On Tuesday, Novak said, via TASS, that Russia will slash output by 250k by mid-April

 Meanwhile, WTI trades firmer near $ 53.70, while Brent advances above $ 56.50.