OPEC raises RussiaТs 2018 oil output outlook to 11.07 mln bpd - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

OPEC raises RussiaТs 2018 oil output outlook to 11.07 mln bpd

MOSCOW, Jun 13 (PRIME) -- OPEC has raised its outlook for RussiaТs oil and gas condensate output for 2018 to 11.07 million barrels per day from 10.98 million barrels per day, a fall by 0.1 million barrels per day from 2017, OPEC said in its June Monthly Oil Market Report released on Tuesday.

OPEC also confirmed its estimate of RussiaТs oil and gas condensate output at 11.17 million barrels per day in 2017.

In November 2016, OPEC and non-OPEC states agreed to reduce their oil production to rebalance the market. Russia joined the agreement in December 2016 with a promise to cut output by 300,000 barrels daily compared with the level of October 2016. The agreement was initially concluded for JanuaryЦJune, prolonged for nine more months in May and then until the end of 2018 in November.

End

13.06.2018 08:27
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 75.3218 +0.4196 20 nov
USD 66.0081 +0.0150 20 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1135.71 +0.07 18:50 19 nov
micex 2373.78 +0.05 18:50 19 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 154.30 +0.74 17:21 19 nov
lkoh 4856.00 +0.66 17:21 19 nov
rosn 424.50 +0.87 17:21 19 nov
sber 199.80 +0.27 17:21 19 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.2500 +0.3475 14:59 19 nov
USDTD 65.9250 +0.2025 17:44 19 nov