OPEC improves Russian oil output outlook to 11 mln b/d in 2016

MOSCOW, May 13 (PRIME) -- OPEC has improved its outlook for Russian oil production in 2016 by 120,000 barrels a day to 10.94 million barrels a day, which is by about 100,000 barrels more than in 2015, as follows from a report seen by PRIME on Friday.

In January–March, daily oil output in Russia stood at 11.1 million barrels, which made OPEC improve the overall outlook for 2016.

End