Russia's oil output down to 11.24 million bpd on April 1-12
By Trend
Russia’s average oil production was down to 11.24 million barrels per day (bpd) on April 1-12, an oil industry source told Reuters on Monday, Trend reports.
Average oil production in Russia last month was at 11.29 million bpd. The energy ministry did not immediately reply to a Reuters request for comment.
Russia, the Organization of Petroleum Exporting Countries and some other nations have finalised a deal to take 10 million bpd off the market from May to help stabilise oil prices hit by low demand amid the coronavirus outbreak.
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