Oil Edges Lower as Slowdown Concerns Vie With Russian Cutback

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A worker walks along an access platform at the Comprehensive Gas Treatment Unit No.3 of the Gazprom PJSC Chayandinskoye oil, gas and condensate field, a resource base for the Power of Siberia gas pipeline, in the Lensk district of the Sakha Republic, Russia, on Monday, Oct. 11, 2021. Amid record daily swings of as much as 40% in European gas prices, Russian President Vladimir Putin made a calculated intervention to cool the market last week by saying Gazprom can boost supplies to help ease shortages.

A worker walks along an access platform at the Comprehensive Gas Treatment Unit No.3 of the Gazprom PJSC Chayandinskoye oil, gas and condensate field, a resource base for the Power of Siberia gas pipeline, in the Lensk district of the Sakha Republic, Russia, on Monday, Oct. 11, 2021. Amid record daily swings of as much as 40% in European gas prices, Russian President Vladimir Putin made a calculated intervention to cool the market last week by saying Gazprom can boost supplies to help ease shortages.



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