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Russia's oil output down 11.10 million barrels per day in february

 

 

MOSCOW
Petroleumworld.com 03 01 2017

Russian oil production fell in February to slightly above 1.515 million tonnes per day, or 11.10 million barrels per day, down from a level of 11.247 million bpd reached in October, two sources familiar with the data told Reuters on Wednesday.

October production statistics were used as the baseline for a global deal to reduce oil output in order to support weak oil prices.

Reuters uses tonnes/barrels ratio of 7.33.

In January, Russian oil production stood at 11.11 million bpd.

 



Reporting by Moscow Newsroom; Editing by Polina Devitt from Reuters.

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