RUSSIA'S OIL PRODUCTION DOWN 30 TBD
PLATTS - Russia has already lowered its oil output by around 30,000 b/d compared with October volumes, used as a baseline under the latest OPEC/non-OPEC crude production agreement, and still plans to reach a cut of 50,000 b/d by the end of January, Russian energy minister Alexander Novak said Friday.
"We are gradually lowering output, our plan is that overall in January it will be 50,000 b/d less than in October," Novak said told reporters when asked about production volumes in January -- the first month that restrictions agreed upon in December…
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