Russia to stick to OPEC oil output deal in August

MOSCOW: Russian oil output in July was in line with its OPEC agreement and Moscow plans to stick to the arrangements in August, the Energy Ministry said on Saturday.

The ministry said oil output in Russia - the world's largest crude exporter - in July was 290,000 barrels per day less than in October 2018, a reference date set in the deal between OPEC and several non-OPEC countries to cut oil supplies.