Oil Ceiling News Today

space. well take a look at what security officials are saying about the puzzling phenomenon. plus, the latest from turkey. as rescue crews are pulling fewer and fewer earthquake survivors from the rubble. well get a live report in just a few minutes. and were learning new detils about a classified documents folder that former president trumps legal team just recently turned over to the justice department. good morning. welcome to "way too early" on this monday, february 13th. tha...

Could impact prices for consumers? >> this news came out on friday afternoon. russia has announced that they will be reducing their oil output by 500,000 barrels a day. thats about 5% of the total output. they are saying that it is in response to the sanctions being applied by the west, in addition to the new oil price cap that was introduced a couple months ago. in a statement, mr. novak put out a statement saying, we will not sell oil to those that are adhered to the oil ceiling. its up two pe...