Russia produced more oil in September than envisaged by a global deal due to an ...
FILE PHOTO: Pump jacks are seen at the Ashalchinskoye oil field owned by Russia's oil producer Tatneft near Almetyevsk, in the Republic of Tatarstan, Russia, July 27, 2017. REUTERS/Sergei Karpukhin
Russian oil output edged down to 11.25 million barrels per day last month from August’s 11.29 million bpd but remained above the cap set under the global production deal. Energy Minister Alexander Novak has said the reduction totaled 200,000 bpd last month. He reiterated that the country would strive to fulfill its obligations this month in full.
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