Crude Oil News

RPT-COLUMN-Cuts, what cuts? Asia gets more crude oil from OPEC, Russia: Russell

RPT-COLUMN-Cuts, what cuts? Asia gets more crude oil from OPEC, Russia: Russell

RPT-COLUMN-Cuts, what cuts? Asia gets more crude oil from OPEC, Russia: Russell

(Repeats column with no changes to text. The opinions expressed here are those of the author, a columnist for Reuters.) By Clyde Russell LAUNCESTON, Australia, Feb 27 (Reuters) - If you were looking for evidence of reduced crude oil supply from OPEC and its main ally in cutting output to boost prices, Russia, then stay away from Asia's top importers. January import data from China, India and Japan do little to show the impact of reduced crude supply, but do suggest that prices have risen in response to move by the producer group and its allies to remove some 1.8 million barrels per day (bpd) from global oil markets.

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