Russia cutting June oil output by more than required in OPEC deal - RIA

Russia cutting June oil output by more than required in OPEC deal - RIA
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  • Country:
  • Russian Federation

Russia is cutting its oil output in June by slightly more than envisaged in a deal between OPEC and non-OPEC oil exporters, RIA news agency cited Russian Energy Minister Alexander Novak as saying on Friday.

Novak said Russian daily output now stood at 228,000 barrels, in line with the deal, but production had been below the required level at the beginning of the month, RIA reported.

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