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2019-05-13 13:00:00

RUSSIA'S OIL PRODUCTION 11.16 MBD

RUSSIA'S OIL PRODUCTION 11.16 MBD

REUTERS- Russian oil production has fallen to 11.16 million barrels per day (bpd) on May 1-12 from an average of 11.23 million bpd in April, two industry sources familiar with the data told Reuters on Monday.

Oil intake by Russian oil pipeline monopoly Transneft declined by around 6% on May 1-12 to 8.8 million bpd from average volumes in April, the sources said. The sources did not say why production and intake were down.

The energy ministry did not immediately reply to a Reuters request for comment.

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Earlier:

RUSSIA'S OIL PRODUCTION 11.16 MBD
2019, May, 8, 12:05:00
OIL PRICE: NOT ABOVE $70 YET
Brent crude oil futures were at $69.94 per barrel, 6 cents, or 0.1 percent, above their last close. U.S. West Texas Intermediate (WTI) crude futures were at $61.56 per barrel at 0057 GMT on Wednesday, 17 cents, or 0.3 percent, above their last settlement.
RUSSIA'S OIL PRODUCTION 11.16 MBD
2019, May, 8, 11:55:00
CLEAN RUSSIA'S OIL
UkrTransNafta said checks on oil coming from Russia via Belarus indicated no contamination and that the crude complied with its normal quality standards.
RUSSIA'S OIL PRODUCTION 11.16 MBD
2019, May, 8, 11:50:00
OIL PRICES 2019-20: $70 - $67
Brent spot prices will average $70/b in 2019 and $67/b in 2020, compared with an average of $71/b in 2018.
RUSSIA'S OIL PRODUCTION 11.16 MBD
2019, May, 2, 17:00:00
OPEC + RUSSIA OBLIGATIONS
Russia is meeting its obligations under the OPEC/non-OPEC crude production agreement, and participants remain committed to the arrangement, despite ongoing uncertainty over world energy market developments.
RUSSIA'S OIL PRODUCTION 11.16 MBD
2019, April, 24, 11:30:00
OIL MARKET IS FINE
The International Energy Agency is monitoring developments in global oil markets, and notes that markets are now adequately supplied, and that global spare production capacity remains at comfortable levels.
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Tags: RUSSIA, OIL, PRODUCTION