4 Aug 2023 16:18

Novak: Russia's oil production holding at 9.5 mln bpd

MOSCOW. Aug 4 (Interfax) - Russia's oil output is holding at 9.5 million barrels per day, and the country is in full compliance with its commitments under the OPEC+ deal, Deputy Prime Minister Alexander Novak said during an interview with Rossiya 24 TV.

Russia has committed to voluntarily cutting oil production, excluding condensate, from March 2023 compared to February. According to secondary sources of information, Russia had oil output of 9.95 million bpd in February.