Russia: July oil production did not differ from June, consistent with the OPEC agreement


The Russian Oil Ministry said on Sunday that the country’s oil production in July did not differ from June levels, in line with the agreement of the OPEC group+.

Production cuts agreed by the Organization of the Petroleum Exporting Countries (OPEC) with other producers, including Russia, in what is known as the OPEC group, are slated to be cut in August.+.

The Interfax news agency said on Sunday, quoting data from the Russian Energy Ministry, that Russia’s production of oil and gas condensates increased to 9.37 million barrels per day in July from 9.32 million barrels per day in June..

In tons, Russian oil production and gas condensate increased to 39.63 million tons in July from 38.16 million in June, Interfax reported.


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