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2016-12-02 18:35:00

RUSSIA WILL CUT

RUSSIA WILL CUT

BLOOMBERG wrote, Russia, the world's largest energy exporter, held November output near a post-Soviet record , which is likely to remain a high-water mark in the near term after a pledge to cut production.

Russian crude and condensate production averaged 11.21 million barrels a day in November, compared with a record 11.23 million barrels a day in October, according to the Energy Ministry's CDU-TEK statistics unit.

Russia promised to support a push by the Organization of…

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Tags: RUSSIA, OPEC, OIL, PRICES, PRODUCTION
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